Details of issuance or disposal
Stock split (3 shares for each share)
Number of shares increased through the stock split: 134,600,000 shares
Not disclosed (shareholding percentages will remain unchanged because this is a stock split)
The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.
| Item | Details |
|---|---|
| Type of issuance or disposal | Stock split (3 shares for each share) |
| Number of shares to be issued or disposed of | Number of shares increased through the stock split: 134,600,000 shares |
| Dilution Rate | Not disclosed (shareholding percentages will remain unchanged because this is a stock split) |
| Total number of issued shares | 67,300,000 shares → 201,900,000 shares（3x (200% increase)） |
| Stock Split Ratio | Each share will be split into 3 shares. Record date: 30 September 2026; effective date: 1 October 2026 |
| Impact on Business Performance | The Company's assets and equity will remain unchanged before and after the stock split, and the asset value of shareholders' holdings will also remain unchanged. The annual dividend per share will become one-third of the current amount following the stock split, but the total amount of dividends received will remain unchanged. |
Items this document does not state (22)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The stock split is intended to lower the minimum investment amount, improve share liquidity, and further broaden the investor base. The shareholder benefit program will be introduced to express appreciation to shareholders, enhance the attractiveness of the Company's shares, promote the appeal of Wakayama Prefecture, and revitalize the local economy.