Notice of Conversion Price Adjustment for 2028 Maturity Euro-Yen Denominated Convertible Bonds

Overview of the Adjustment

JAFCO Group Co., Ltd. has adjusted the conversion price of its Euro-yen denominated convertible bonds with stock acquisition rights maturing in 2028. The price was 1,912.0 yen before adjustment and was changed to 1,860.1 yen from April 1, 2026, reflecting an adjustment due to an increase in dividends. The details of the adjustment scheme and the application date are disclosed, along with explanations regarding the conditions for stock exercise before maturity.

Impact on Shareholders and Investors and Future Outlook

This adjustment of the conversion price is due to increased dividends and may have some impact on stock dilution and stock price. The adjusted conditions specify that the bonds cannot be exercised unless the stock price exceeds a certain level, making it necessary for investors to pay attention to future stock price movements and dividend policies. The schedule until maturity and the conditions for stock exercise are also important points.