Nagoya Railroad has adjusted the conversion price of the euro-yen convertible bonds applicable after April 1, 2026, and based on the resolution at the General Shareholders’ Meeting on June 25, 2026, has lowered the conversion prices for bonds maturing in 2033 and 2034.<\/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 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Ltd.","jir_importance":"\u2605\u2605\u2606\u2606\u2606","jir_publication_date":"2026-06-25","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/06\/9048-20260625-01.pdf","jir_short_summary":"Nagoya Railroad has adjusted the conversion price of the euro-yen convertible bonds applicable after April 1, 2026, and based on the resolution at the General Shareholders' Meeting on June 25, 2026, has lowered the conversion prices for bonds maturing in 2033 and 2034.","jir_summary":"### Overview of Capital Policy\nNagoya Railroad adjusted the conversion price of its euro-yen convertible bond-type bonds with stock acquisition rights issued on June 17, 2024, based on the resolution at the General Shareholders' Meeting held on June 25, 2026. The adjustment, applicable from April 1, 2026, lowered the conversion price for bonds maturing in 2033 from 2,051.7 Yen to 2,005.7 Yen, and for bonds maturing in 2034 from 2,012.6 Yen to 1,967.5 Yen. This adjustment was made in conjunction with the decision to set the dividend for the fiscal year ending March 2026 at 40 Yen per share.\n\n### Impact on Shareholders and Future Outlook\nThe adjustment to the conversion price potentially relaxes the conversion conditions of the bonds, making them more attractive to investors. Nagoya Railroad's policy moving forward is to continue enhancing shareholder value and ensuring flexibility in funds procurement as part of its capital policy. Details on specific fund utilization and additional capital measures will be announced subsequently.","jir_financial_highlights":"Conversion Price Applicable after April 1, 2026 (Maturity in 2033): 2,005.7 Yen (Lowered from 2,051.7 Yen prior to adjustment to 2,005.7 Yen after adjustment)\nConversion Price Applicable after April 1, 2026 (Maturity in 2034): 1,967.5 Yen (Lowered from 2,012.6 Yen prior to adjustment to 1,967.5 Yen after adjustment)","jir_category":"","jir_hashtags":"#NagoyaRailroad, #CapitalPolicy, #JapaneseStocks","jir_key_figures":"Adjusted conversion price (Maturity in 2033): 2,005.7 Yen\nAdjusted conversion price (Maturity in 2034): 1,967.5 Yen\nDividend (fiscal year ending March 2026): 40 Yen","jir_meta_title":"\u3010Nagoya Railroad\u3011Bond Conversion Price Adjustment\uff5cJune 2026","jir_meta_description":"Detailed explanation of Nagoya Railroad\u2019s bond conversion price adjustment announced on June 25, 2026. Important information impacting future capital policy.","jir_og_title":"\u3010Nagoya Railroad\u3011Bond Conversion Price Adjustment\uff5cJune 2026","jir_og_description":"In-depth overview of Nagoya Railroad's bond conversion price adjustment. Latest capital policy information useful for investment decisions.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8120,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-69949","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n