Nichias Corporation
Notice Regarding Stock Split and Partial Amendment of Articles of Incorporation Accompanying the Stock Split
As of the record date on March 31, 2026, common stock will be split from 1 share to 3 shares, increasing the total number of issued shares from 63,661,917 shares to 190,985,751 shares. The total number of authorized shares will also be changed from 120 million shares to 360 million shares.
Key Figures
- Stock Split Ratio: 3 shares per 1 share
- Total Number of Issued Shares Before Stock Split: 63,661,917 shares
- Total Number of Issued Shares After Stock Split: 190,985,751 shares
AI要約
Overview of the Stock Split
At the board of directors meeting held on February 9, 2026, Nichias Corporation resolved to implement a stock split, converting 1 share of common stock into 3 shares. The record date is March 31, 2026, and the effective date is April 1, 2026. As a result, the total number of issued shares will increase from 63,661,917 shares to 190,985,751 shares, and the total number of authorized shares will change from 120,000,000 shares to 360,000,000 shares. The purpose of the stock split is to reduce the amount per investment unit, create a more accessible investment environment, improve liquidity, and expand the investor base.
Impact on Shareholders and Amendment of Articles of Incorporation
In conjunction with the stock split, Article 6 of the Articles of Incorporation will be amended to change the total number of authorized shares to 360 million shares. There will be no change to capital or other amounts, and the year-end dividend for the fiscal year ending March 2026 will be paid based on the pre-split number of shares. For shareholders, while the number of shares held will increase, the value per share will be adjusted according to the split ratio, so there is no capital dilution. This stock split will be implemented based on the number of shares following the cancellation of treasury stock.
