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Share Issuance and Disposal9201Japan Airlines Co.,Ltd.Transportation and Logistics

Notice Regarding the Determination of the Annual Preferred Dividend Rate for the 1st Series Bond-Type Class Shares

The annual preferred dividend rate has been determined for the Series 1 Bond-Type Class Shares, which have already been approved for issuance. The rate will be 4.000% per annum for dividends based on record dates on or before 31 March 2032, and thereafter will be the 1-year Japanese government bond yield plus 6.981%.

Worth reading
68In focus
Scored from 4 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
4
% (each fiscal year ending on or before 31 March 2032)
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Issuance of Series 1 Bond-Type Class Shares through a public offering

発行・処分する株式数20,000,000Shares

20,000,000 shares

Intended allottee
No specific prospective allottee, as this is a public offering
¥9,750 per share (subscription payment amount); issue price of ¥10,000 per share
Total issue value

¥200,000,000,000 (total issue price)

Amount of funds to be raised
Total subscription payment amount of ¥195,000,000,000; estimated net proceeds of ¥194,000,000,000
Estimated issuance expenses
¥1,000,000,000 (difference between the total subscription payment amount and estimated net proceeds)
Specific use of funds
Part of the capital expenditure for the purchase of state-of-the-art aircraft, including Airbus A350 and Boeing 737-8 aircraftAmount ¥194,000,000,000 / Scheduled timing of expenditures The full amount by the end of March 2028
Payment date
3 June 2026
Details of issuance or disposal
ItemDetails
Type of issuance or disposalIssuance of Series 1 Bond-Type Class Shares through a public offering
Number of shares to be issued or disposed of20,000,000 shares
Issue price and disposal price¥9,750 per share (subscription payment amount); issue price of ¥10,000 per share
Total issue value¥200,000,000,000 (total issue price)
Amount of funds to be raisedTotal subscription payment amount of ¥195,000,000,000; estimated net proceeds of ¥194,000,000,000
Estimated issuance expenses¥1,000,000,000 (difference between the total subscription payment amount and estimated net proceeds)
Specific use of fundsDetails Part of the capital expenditure for the purchase of state-of-the-art aircraft, including Airbus A350 and Boeing 737-8 aircraft / Amount ¥194,000,000,000 / Scheduled timing of expenditures The full amount by the end of March 2028
Payment date3 June 2026
Intended allotteeNo specific prospective allottee, as this is a public offering
Items this document does not state (19)
Intended allottee's holding policyDilution RateTotal number of issued sharesBasis for determining the amount to be paidExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMost recent equity financingMajor shareholders after the offeringImpact on Business Performance

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 annual preferred dividend rate was determined in connection with the issuance of the Series 1 Bond-Type Class Shares approved on 30 April 2026.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Determination of the Annual Preferred Dividend Rate for the 1st Series Bond-Type Class Shares | Japan Airlines Co.,Ltd. (9201) timely disclosure | Komori