{"id":38418,"date":"2026-04-01T13:33:03","date_gmt":"2026-04-01T04:33:03","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/8934-20260401-02_wp_capital_policy\/"},"modified":"2026-04-01T13:33:03","modified_gmt":"2026-04-01T04:33:03","slug":"8934-20260401-02_wp_capital_policy","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-8934\/ir\/8934-20260401-02_wp_capital_policy\/","title":{"rendered":"Notice Regarding Adjustment of Conversion Price for the 1st Unsecured Convertible Bond with Stock Acquisition Rights"},"content":{"rendered":"<p>The conversion price of the 1st unsecured convertible bond with stock acquisition rights has been adjusted from 1,554 yen to 1,546.1 yen, effective from April 2, 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,"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":"8934","jir_company_name":"Sun Frontier Fudosan Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-04-01","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/8934-20260401-02.pdf","jir_short_summary":"The conversion price of the 1st unsecured convertible bond with stock acquisition rights has been adjusted from 1,554 yen to 1,546.1 yen, effective from April 2, 2026.","jir_summary":"### Overview of Conversion Price Adjustment\nSun Frontier Fudosan Co., Ltd. has decided to adjust the conversion price of the 1st unsecured convertible bond with stock acquisition rights issued on October 6, 2023, from 1,554 yen to 1,546.1 yen. This adjustment is made pursuant to the conversion price adjustment clause because the subscription price for new shares issued by third-party allotment, resolved on February 25, 2026, fell below the fair market value stipulated in the terms of issuance of the convertible bonds. The adjusted conversion price will be applied from April 2, 2026.\n\n### Impact on Shareholders and Related Information\nThe conversion price adjustment affects the price at which existing convertible bondholders can convert their bonds into shares, although the adjustment magnitude is minor. This adjustment is related to the capital and business alliance with Itochu Corporation and the issuance of new shares by third-party allotment, resolved on February 25, 2026. Please refer to the related materials published on the same day for detailed information.","jir_financial_highlights":"Conversion Price: 1,546.1 yen (Decrease from 1,554 yen before adjustment)\nEffective Date: April 2, 2026 (Unknown)\nReason for Adjustment: Application of conversion price adjustment clause due to issuance of new shares by third-party allotment (Unknown)","jir_category":"","jir_hashtags":"#SunFrontierFudosan, #CapitalPolicy, #ConvertibleBonds","jir_key_figures":"Conversion Price Before Adjustment: 1,554 yen\nConversion Price After Adjustment: 1,546.1 yen\nEffective Date: April 2, 2026","jir_meta_title":"Sun Frontier Fudosan Adjusts Conversion Price of 1st Unsecured Convertible Bond with Stock Acquisition Rights to 1,546.1 Yen","jir_meta_description":"Sun Frontier Fudosan Co., Ltd. will adjust the conversion price of the 1st unsecured convertible bond with stock acquisition rights from 1,554 yen to 1,546.1 yen effective April 2, 2026. This is an important announcement related to capital policy.","jir_og_title":"Sun Frontier Fudosan Announces Adjustment of Conversion Price for Convertible Bonds","jir_og_description":"The conversion price will be adjusted to 1,546.1 yen from April 2, 2026. Stay informed about the latest capital policy updates.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9458,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"capital_policy","footnotes":""},"sector":[],"importance":[],"class_list":["post-38418","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice Regarding Adjustment of Conversion Price for the 1st Unsecured Convertible Bond with Stock Acquisition Rights - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-8934\/ir\/8934-20260401-02_wp_capital_policy\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-8934\/ir\/8934-20260401-02_wp_capital_policy\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-8934\/ir\/8934-20260401-02_wp_capital_policy\/\",\"name\":\"Notice Regarding Adjustment of Conversion Price for the 1st Unsecured Convertible Bond with Stock Acquisition Rights - 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