Notice Regarding Share Split, Partial Amendment of the Articles of Incorporation Due to the Share Split, Revision of Dividend Forecast and Changes (Enhancement) to the Shareholder Benefit Program

Overview of Share Split and Amendment of Articles of Incorporation

At the Board of Directors meeting held on November 11, 2026, the Company resolved to execute a share split of common shares to broaden the investment unit and improve market liquidity. The split will double 1 share into 2 shares, with the record date set at December 31, 2026 and the effective date at January 1, 2027. In connection with this, the total authorized shares in the articles of incorporation will be changed to 46,000,000 shares effective January 1, 2027. The exercise price of stock acquisition rights will also be adjusted from 880 yen to 440 yen. There will be no change to the amount of capital stock.

Revisions to Dividend Forecast and Changes to Shareholder Benefits

In conjunction with the share split, the year-end dividend forecast for the fiscal year ending March 2027 has been revised. The current 21.50 yen per share (interim/year-end/annual 43.00 yen) will be presented as 21.50 yen/10.75 yen/43.00 yen on a pre-split basis. However, the effective dividend per share remains unchanged. The shareholder benefit program will be enhanced by lowering the minimum shareholding threshold and newly establishing/expanding a 300 shares and above tier. The new criteria will apply to shares after the split for shareholders of record as of March 31, 2027.