Decision and Details
Board of DirectorsIntroduction of a Shareholder Benefit Program
To express appreciation for shareholders' continued support, enhance the appeal of investing in the Company's shares, and increase the number of shareholders who hold the shares over the medium to long term.
| Item | Details |
|---|---|
| Matter Covered | Introduction of a Shareholder Benefit Program |
| Decision-Making Body | Board of Directors |
| Decision Date | 31 August 2026 |
| Implementation Date | The first record date is scheduled to be 31 March 2027. Thereafter, 31 March of each year is scheduled to be the record date. |
| Period Covered | Once a year. The first benefit will be for the fiscal year ending March 2027, with 31 March serving as the record date each year thereafter. |
| Amount | Products worth ¥5,000 per eligible shareholder / the previous ¥500 QUO Card distributed as a token of appreciation for exercising voting rights will be discontinued |
| Quantity / scale | Shareholders holding 500 or more shares (5 trading units). Normally, shares must have been held continuously for at least 1 year, but for the first record date only, a continuous holding period of at least 6 months will qualify. |
| Reason | To express appreciation for shareholders' continued support, enhance the appeal of investing in the Company's shares, and increase the number of shareholders who hold the shares over the medium to long term. |
| Future plans | The Company plans to send application postcards to shareholders who meet the benefit requirements. Shareholders who apply by the deadline are scheduled to receive the benefit products. The product offerings are scheduled to be reviewed each year. If any changes are made to the program, the Company plans to provide notice promptly. |
Items this document does not state (3)
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.To express appreciation for shareholders' continued support, enhance the appeal of investing in the Company's shares, and encourage more shareholders to hold the shares over the medium to long term.