Nippon Dry-Chemical Co., Ltd.
Notice Regarding Stock Split and Partial Amendment of Articles of Incorporation Accompanying the Stock Split
A 1-for-4 stock split will take effect on the record date of March 31, 2026, increasing the number of issued shares from 7,181,812 shares to 28,727,248 shares. The total number of authorized shares will change from 14 million shares to 56 million shares, effective April 1, 2026.
Key Figures
- Stock Split Ratio: 4 shares per 1 share
- Number of Issued Shares Before Stock Split: 7,181,812 shares
- Number of Issued Shares After Stock Split: 28,727,248 shares
- Total Authorized Shares (Before Change): 14,000,000 shares
- Total Authorized Shares (After Change): 56,000,000 shares
- Effective Date: 2026-04-01
AI要約
Overview of the Stock Split
Nippon Dry-Chemical Co., Ltd. will conduct a stock split on the record date of March 31, 2026, splitting each share into four shares. As a result, the number of issued shares will increase from 7,181,812 shares to 28,727,248 shares, and the total authorized shares will be raised from 14 million shares to 56 million shares. The purpose of the stock split is to lower the amount per investment unit to create a more accessible investment environment and to expand the investor base. There will be no change in the amount of capital stock.
Partial Amendment of Articles of Incorporation and Dividends
In conjunction with the stock split, the provision regarding the total number of authorized shares in the articles of incorporation will be amended effective April 1, 2026, based on Article 184, Paragraph 2 of the Companies Act. The year-end dividend for the fiscal year ending March 2026 will be paid based on the number of shares before the stock split, so there will be no change in the dividend per share.
