Kurabo Industries Ltd.

2026/08/21 Updated
Market Cap: $1.0B (¥162.6B)
Stock Price: $64.91 (¥10,320)
Exchange Rate: 1 USD = ¥158.98

Announcement of Stock Split and Articles of Incorporation Amendment | As of September 2026

Kurashiki Rubber Textile will conduct a stock split (1 share to 5 shares) with a record date of September 30, 2026, aiming to increase liquidity and expand the investor base. The authorized share capital will also be changed to 340,000,000 shares.

Importance:
Page Updated: May 14, 2026
IR Disclosure Date: May 14, 2026

Key Figures

  • Total issued shares: 17,000,000 shares → 85,000,000 shares
  • Total authorized shares: 97,701,100 shares → 340,000,000 shares
  • Amount of capital stock: Unknown

AI要約

Overview of Stock Split

Kurashiki Rubber Textile will implement a stock split of 1 share into 5 shares with a record date of September 30, 2026. As a result, the number of issued shares will increase from 17,000,000 to 85,000,000 shares, aiming to improve liquidity and broaden the investor base. Along with the stock split, the authorized share capital will be changed from 97,701,100 shares to 340,000,000 shares, effective October 1, 2026.

Impact of Stock Split and Articles of Incorporation Amendment

The stock split will lower the investment unitvalue, enhancing liquidity mostly among individual investors. The articles of incorporation change will take effect on October 1, 2026, with no change to the amount of capital stock. This is expected to provide greater flexibility in future capital policies and fundraising.

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

Kurashiki Rubber Textile Co., Ltd.

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