Toho Gas Co., Ltd.
Notice Regarding Stock Split, Partial Amendment to Articles of Incorporation Due to Stock Split, and Changes to Shareholder Benefit Program
A stock split of 1 share into 4 shares will be implemented as of the record date on March 31, 2026, increasing the number of outstanding shares from 98,220,085 shares to 392,880,340 shares. The total number of authorized shares will also be changed from 160 million shares to 640 million shares, and the shareholder benefit program will be revised.
Key Figures
- Total Number of Outstanding Shares Before Stock Split: 98,220,085 shares
- Total Number of Outstanding Shares After Stock Split: 392,880,340 shares
- Change in Total Number of Authorized Shares: 160 million shares → 640 million shares
AI要約
Overview of Stock Split
Toho Gas Co., Ltd. will conduct a stock split on the record date of March 31, 2026, splitting each common share into four shares. As a result, the total number of outstanding shares will increase from 98,220,085 shares to 392,880,340 shares, and the total number of authorized shares will be raised from 160 million shares to 640 million shares. There will be no change to the amount of capital. The purpose of this stock split is to lower the investment amount per trading unit, thereby expanding the investor base and improving liquidity.
Changes to Shareholder Benefit Program and Other Effects
In conjunction with the stock split, the shareholder benefit program for the fiscal year ending March 2027 will be revised, reviewing the allocation criteria of shareholder benefit points according to the number of shares held. The baseline points will be adjusted in accordance with the post-split number of shares, and long-term shareholders will continue to receive 1.5x or 2x the benefit points as before. The year-end dividend and shareholder benefits for the fiscal year ending March 2026 will be implemented based on the pre-split shares and program.
