Notice of Adjustment to Conversion Price of Euro-Yen Convertible Bonds Maturing in 2026

Financial and Dividend Notification

This notice pertains to the adjustment of the conversion price of the Euro-Yen convertible bonds maturing in 2026 issued by our company, which was adjusted in conjunction with the resolution to set the dividend at 11.00 yen per share for the fiscal year ending March 2026. The new conversion price is 4,359.0 yen, effective from April 1, 2026. Investors should understand the value of the convertible bonds and the potential dilution risk associated with share conversion.

Impact on Shareholders and Future Outlook

This adjustment is due to the dividend resolution and does not directly affect shareholders' interests. However, the adjustment of the conversion price warrants caution regarding future conversion rights exercises and potential share dilution. Investors should monitor future dividend policies and bond conversion status to stay informed about our capital policy trends.