Worth reading
69In focus
Scored from 5 of 6 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
1500
Points (post-change grant for holdings of 100 shares or more held for less than 1 year)Wording
Definitive
How definitive the wording is.Decision and Details
Change to a points-based shareholder benefit program and expansion of benefits
Decision15 April 2026
Period CoveredThe shareholder benefit program uses the end of April and the end of October each year as the record dates. The timing of termination of the program is Not disclosed
ImplementationThe change will apply from the benefits granted to shareholders listed or recorded in the shareholder registry as of the end of April 2026 (scheduled to be mailed in July 2026).
Going forwardThe post-change program will apply from the benefits granted to shareholders listed or recorded in the shareholder registry as of the end of April 2026, and the benefits are scheduled to be mailed in July 2026. Shareholder benefit tickets mailed in late January 2026, with an expiration date of 31 January 2027, may be used under the existing terms.
AmountBefore the change: 1 electronic ticket = ¥1,000 equivalent. After the change: 1 point = ¥1. The annual points granted after the change will be 3,000 or 5,000 points for 100 to fewer than 200 shares, 5,000 or 7,000 points for 200 to fewer than 400 shares, 7,000 or 9,000 points for 400 to fewer than 600 shares, 9,000 or 11,000 points for 600 to fewer than 1,000 shares, and 11,000 or 13,000 points for 1,000 shares or more.
Quantity / scaleShareholding categories are 100 to fewer than 200 shares, 200 to fewer than 400 shares, 400 to fewer than 600 shares, 600 to fewer than 1,000 shares, and 1,000 shares or more. The points granted after the change will be 1,500pt, 2,500pt, 3,500pt, 4,500pt, and 5,500pt for holdings of less than 1 year, and 2,500pt, 3,500pt, 4,500pt, 5,500pt, and 6,500pt for holdings of 1 year or more, respectively. Points may be used in units of 10 points.
Reason
To thank shareholders for their continued support, enhance the appeal of investing in the Company's shares, and encourage more people to hold the shares over the medium to long term.
| Item | Details |
|---|---|
| Matter Covered | Change to a points-based shareholder benefit program and expansion of benefits |
| Decision Date | 15 April 2026 |
| Implementation Date | The change will apply from the benefits granted to shareholders listed or recorded in the shareholder registry as of the end of April 2026 (scheduled to be mailed in July 2026). |
| Period Covered | The shareholder benefit program uses the end of April and the end of October each year as the record dates. The timing of termination of the program is Not disclosed |
| Amount | Before the change: 1 electronic ticket = ¥1,000 equivalent. After the change: 1 point = ¥1. The annual points granted after the change will be 3,000 or 5,000 points for 100 to fewer than 200 shares, 5,000 or 7,000 points for 200 to fewer than 400 shares, 7,000 or 9,000 points for 400 to fewer than 600 shares, 9,000 or 11,000 points for 600 to fewer than 1,000 shares, and 11,000 or 13,000 points for 1,000 shares or more. |
| Quantity / scale | Shareholding categories are 100 to fewer than 200 shares, 200 to fewer than 400 shares, 400 to fewer than 600 shares, 600 to fewer than 1,000 shares, and 1,000 shares or more. The points granted after the change will be 1,500pt, 2,500pt, 3,500pt, 4,500pt, and 5,500pt for holdings of less than 1 year, and 2,500pt, 3,500pt, 4,500pt, 5,500pt, and 6,500pt for holdings of 1 year or more, respectively. Points may be used in units of 10 points. |
| Reason | To thank shareholders for their continued support, enhance the appeal of investing in the Company's shares, and encourage more people to hold the shares over the medium to long term. |
| Future plans | The post-change program will apply from the benefits granted to shareholders listed or recorded in the shareholder registry as of the end of April 2026, and the benefits are scheduled to be mailed in July 2026. Shareholder benefit tickets mailed in late January 2026, with an expiration date of 31 January 2027, may be used under the existing terms. |
Items this document does not state (4)
Decision-Making BodyImpact on Business PerformanceGoverning RuleRelated previous disclosures
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 thank shareholders for their continued support, enhance the appeal of investing in the Company's shares, and encourage more people to hold the shares over the medium to long term.
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