Decision and Details
Board of DirectorsChanges to the shareholder benefits program
Expressing appreciation to shareholders; enhancing the investment appeal of the Company's shares; encouraging medium- to long-term shareholding; strengthening affinity for the Group and the areas along its railway lines through benefits other than railway use; and encouraging shareholders to consider increasing their shareholdings
No impact on operating performance or financial position is stated.
| Item | Details |
|---|---|
| Matter Covered | Changes to the shareholder benefits program |
| Decision-Making Body | Board of Directors |
| Decision Date | 30 March 2026 |
| Implementation Date | The long-term shareholder benefit program will apply from 31 March 2027. This is a decision, not a result already achieved. The additional continuous holding requirement and changes to the shareholder benefit eligibility criteria are scheduled to apply from 31 March 2028. |
| Period Covered | The shareholder benefit programs applicable from 31 March 2027 and from 31 March 2028 |
| Quantity / scale | Continuous holding for 3 years or more; holdings of 400 shares or more; 500, 1,000 or 1,500 minapita points; a continuous holding requirement of at least 1 year; and 3, 8, 12, 16, 20, 24 or 30 rides |
| Impact on Business Performance | No impact on operating performance or financial position is stated. |
| Reason | Expressing appreciation to shareholders; enhancing the investment appeal of the Company's shares; encouraging medium- to long-term shareholding; strengthening affinity for the Group and the areas along its railway lines through benefits other than railway use; and encouraging shareholders to consider increasing their shareholdings |
| Future plans | The first long-term shareholder benefits are scheduled to be granted in June 2027. The continuous holding requirement and the revised shareholder benefits are scheduled to be granted in June 2028. The Company will consider introducing electronic QR codes, airport line use, a choice-based shareholder benefit program and electronic benefit delivery, and will announce decisions as they are made. |
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 encourage shareholders to hold the Company's shares over the medium to long term and, by offering benefits other than railway use, strengthen their affinity for the Group and the areas along its railway lines, thereby making the benefits more attractive to shareholders considering increasing their shareholdings.