Daifuku Co., Ltd.
Notice Regarding Adjustment of Conversion Prices for the 2028 Maturity Euro-Yen Convertible Bond with Warrants and the 2030 Maturity Euro-Yen Convertible Bond with Warrants
The conversion prices of the 2028 and 2030 maturity Euro-Yen convertible bonds with warrants have been adjusted from 3,514.6 yen to 3,485.5 yen and from 3,448.1 yen to 3,419.6 yen respectively, following the dividend decision. The effective date is from January 1, 2026.
Key Figures
- 2028 Maturity Conversion Price (Before Adjustment): 3,514.6 yen
- 2028 Maturity Conversion Price (After Adjustment): 3,485.5 yen
- 2030 Maturity Conversion Price (After Adjustment): 3,419.6 yen
AI要約
Overview of Conversion Price Adjustment
Daifuku Co., Ltd. has adjusted the conversion prices of the 2028 and 2030 maturity Euro-Yen convertible bonds with warrants. This adjustment is based on the conversion price adjustment clause in the bond terms following the decision on the annual dividend for the fiscal year ending December 2025, set at 78 yen per share (year-end dividend of 44 yen). Specifically, the conversion price for the 2028 maturity bond was reduced from 3,514.6 yen to 3,485.5 yen, and for the 2030 maturity bond from 3,448.1 yen to 3,419.6 yen.
Effective Date and Impact
The adjustment of the conversion prices will be effective from January 1, 2026. This adjustment, triggered by the dividend decision, slightly lowers the acquisition cost of shares upon conversion for bondholders. However, no specific changes regarding the number of shares or capital structure have been noted.
