Announcement of Fiscal Year Change and Shareholder Return Measures | May 2026

Overview of Fiscal Year Change

Convano Corporation decided at the Board of Directors meeting held on May 25, 2026, to change its fiscal year from the current end of April to the end of December 2026, with formal implementation subject to approval at the shareholders' meeting on June 27, 2026. This change aims to streamline consolidated financial statements, enhance management efficiency, and enable quicker recognition of quarterly performance. Due to the fiscal year change, the 14th fiscal period will span from April 1, 2026, to December 31, 2026, totaling nine months. A partial revision of the Articles of Incorporation is also planned, which will take effect upon shareholder approval.

Shareholder Returns and Future Outlook

As a shareholder return measure, dividends of surplus totaling 508,635,900 yen are planned to be distributed. Additionally, considering market conditions and performance, the company is contemplating flexible share buybacks, primarily aimed at cancellation, to improve per-share metrics. The consolidated earnings forecast for 2026 was announced on May 15, 2026, with detailed outlook to be provided after the fiscal year change.