Nihon Dengi Co., Ltd.

1723.T
Electronic Components
2026/02/17 Updated
Market Cap: $1.2B (¥178.5B)
Stock Price: $73.25 (¥11,200)
Exchange Rate: 1 USD = ¥152.91

Notice Regarding Stock Split and Partial Amendment of Articles of Incorporation

A stock split will be conducted on the record date of March 31, 2026, splitting one share into four shares, increasing the total number of issued shares from 16,395,000 shares to 65,580,000 shares. The total number of authorized shares will also change from 65,580,000 shares to 262,320,000 shares.

Importance:
Page Updated: January 28, 2026
IR Disclosure Date: January 28, 2026

Key Figures

  • Total Number of Issued Shares Before Stock Split: 16,395,000 shares
  • Total Number of Issued Shares After Stock Split: 65,580,000 shares
  • Total Number of Authorized Shares After Stock Split: 262,320,000 shares

AI要約

Overview of the Stock Split

Nippon Denkigiken Co., Ltd. will conduct a stock split on the record date of March 31, 2026, splitting one share into four shares. As a result, the total number of issued shares will increase from 16,395,000 shares to 65,580,000 shares, and the total number of authorized shares will change from 65,580,000 shares to 262,320,000 shares. The purpose of the stock split is to reduce the amount per investment unit, create a more accessible investment environment, enhance liquidity, and broaden the investor base. The effective date of the split is April 1, 2026.

Partial Amendment of Articles of Incorporation and Adjustment of Stock Compensation Plan

In conjunction with the stock split, the total number of authorized shares stipulated in Article 6 of the Articles of Incorporation will be amended based on the Companies Act. Additionally, the total number of shares granted annually to eligible directors under the restricted stock compensation plan will be adjusted from within 80,000 shares to within 320,000 shares starting April 1, 2026. There will be no change to the amount of capital resulting from this stock split.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.