The Nisshin OilliO Group,Ltd.
Notice Regarding Stock Split and Partial Amendment of Articles of Incorporation Accompanying the Stock Split
A stock split will be conducted on the record date of March 31, 2026, splitting one common share into three shares, increasing the total number of issued shares from 33,716,257 shares to 101,148,771 shares. The total number of authorized shares will also be changed from 77,670,000 shares to 233,010,000 shares.
Key Figures
- Stock split ratio: 3 shares per 1 share
- Total number of issued shares before the stock split: 33,716,257 shares
- Total number of issued shares after the stock split: 101,148,771 shares
AI要約
Overview of the Stock Split
Nisshin OilliO Group, Ltd. will conduct a stock split on the record date of March 31, 2026, splitting one common share into three shares. As a result, the total number of issued shares will increase from 33,716,257 shares to 101,148,771 shares, and the total number of authorized shares will be changed from 77,670,000 shares to 233,010,000 shares. The purpose of the stock split is to lower the amount per investment unit to create a more accessible investment environment, aiming to improve liquidity and expand the investor base. The effective date will be April 1, 2026.
Shareholder Return Policy and Impact on Dividends
The year-end dividend for the fiscal year ending March 31, 2026, will be based on the number of shares before the stock split. With the stock split, the dividend policy under the medium-term management plan 'Value UpX' will be revised, lowering the dividend floor per share from 180 yen to 60 yen. The actual dividend application will start from the interim dividend of the fiscal year 2026. Additionally, the shareholder benefit program for shareholders as of March 31, 2026, will be applied based on the shares before the stock split, and the program for shareholders as of March 31, 2027, will be announced once decided. There is no change to the amount of capital stock.
