【Hoshiden】Euro-Yen Convertible Bond Conversion Price Adjustment | June 25, 2026

Overview of Adjustment Details

Hoshiden approved at its Annual General Meeting held on June 25, 2026, an interim dividend of 73 yen per share for the fiscal year ending March 2026, bringing the total annual dividend to 98 yen per share. Consequently, the conversion price of the Euro-Yen convertible bond with new stock acquisition rights, applicable from April 1, 2026, was adjusted. The conversion price was previously 2,742.6 yen, and after adjustment, it is 2,682.7 yen.

Impact on Shareholders and Future Outlook

The adjustment of the conversion price is a result of increased dividends and signifies a change in the conversion conditions for bondholders. The new conversion price may influence future bond conversions and potential stock dilution. It is important to monitor market trends and bond exercise status for detailed impact analysis.