Following approval of the interim dividend, the conversion prices for the convertible bonds maturing in 2029 and 2031 have been adjusted. The adjusted conversion price includes 3,453 yen, which corresponds to 130%. The effective date is on or after October 1, 2026.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"4613","jir_company_name":"Kansai Paint Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-11-06","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/11\/4613-20261106-03.pdf","jir_short_summary":"Following approval of the interim dividend, the conversion prices for the convertible bonds maturing in 2029 and 2031 have been adjusted. The adjusted conversion price includes 3,453 yen, which corresponds to 130%. The effective date is on or after October 1, 2026.","jir_summary":"### Adjustment of Conversion Price for Convertible Bonds\nKansai Paint Co., Ltd. adjusted the conversion prices of its euro-denominated convertible bonds with warrants maturing in 2029 and 2031 pursuant to a resolution of the extraordinary board meeting held on November 6, 2026. The conversion price before adjustment was 2,676.1 yen and after adjustment is 2,656.2 yen, with the effective date on or after October 1, 2026. The value corresponding to 130% is set at 3,453 yen. The exercise condition stipulates that conversion is permitted only if the closing price on the last trading day of the preceding quarter exceeds 130% of the applicable conversion price.\n\n### Background and Impact\nThis conversion price adjustment was prompted by the implementation of an interim dividend of 58 yen and arises from the relationship between the approved distribution of retained earnings and the conversion provisions. Specific exercise conditions and the treatment for the period until redemption follow descriptions in related past press releases. While this announcement does not explicitly state direct market impacts such as dilution risk, a downward revision of the conversion price can be a notable dilution factor for shares.","jir_financial_highlights":"Conversion Price (before adjustment): 2,676.1 yen\nConversion Price (after adjustment): 2,656.2 yen\nValue Corresponding to 130%: 3,453 yen","jir_category":"","jir_hashtags":"#KansaiPaint, #ConvertibleBonds, #Warrants, #CapitalPolicy","jir_key_figures":"Conversion Price (before adjustment): 2,676.1 yen\nConversion Price (after adjustment): 2,656.2 yen\nValue Corresponding to 130%: 3,453 yen","jir_meta_title":"Kansai Paint Co., Ltd. Adjustment of Convertible Bond Conversion Price | Effective October 2026","jir_meta_description":"Kansai Paint Co., Ltd. announced on November 6, 2026 an adjustment to the conversion prices of convertible bonds with warrants maturing in 2029 and 2031. Disclosure includes old and new conversion prices, effective date, and exercise conditions.","jir_og_title":"Kansai Paint Co., Ltd. Adjusts Convertible Bond Conversion Price","jir_og_description":"Kansai Paint Co., Ltd. adjusted the conversion price of its convertible bonds with warrants following an extraordinary board meeting, disclosing the effective date and the value corresponding to 130%.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7954,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"share_buyback","footnotes":""},"sector":[],"importance":[],"class_list":["post-144037","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n