{"id":73591,"date":"2026-06-30T16:35:08","date_gmt":"2026-06-30T07:35:08","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/9956-20260630-02_wp_capital_policy\/"},"modified":"2026-06-30T16:35:08","modified_gmt":"2026-06-30T07:35:08","slug":"9956-20260630-02_wp_capital_policy","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-9956\/ir\/9956-20260630-02_wp_capital_policy\/","title":{"rendered":"Notice regarding Stock Split and partial amendment of Articles of Incorporation accompanying the stock split, Revision of dividend forecast (increase) and partial revision of shareholder benefit program"},"content":{"rendered":"<p>Implement a stock split to improve trading liquidity. Record date, effective date, and split ratio: as of September 30, 2026 (record date), effective October 1, 2026, at a ratio of 2 shares per 1 ordinary share. Additionally, conduct amendments to the Articles of Incorporation tied to the stock split and revise the dividend forecast (increase). Review the shareholder benefit program\u2019s threshold for 100 shares or more, with applicability starting after the end of March 2027.<\/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":"9956","jir_company_name":"Baro Holdings Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-06-30","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/06\/9956-20260630-02.pdf","jir_short_summary":"Implement a stock split to improve trading liquidity. Record date, effective date, and split ratio: as of September 30, 2026 (record date), effective October 1, 2026, at a ratio of 2 shares per 1 ordinary share. Additionally, conduct amendments to the Articles of Incorporation tied to the stock split and revise the dividend forecast (increase). Review the shareholder benefit program\u2019s threshold for 100 shares or more, with applicability starting after the end of March 2027.","jir_summary":"### Stock split and amendments to the Articles of Incorporation\nIn this announcement, we will implement a stock split to reduce the trading unit and improve liquidity, and revise the number of issued shares in Article 6 of the Articles of Incorporation accordingly. The split will take effect on October 1, 2026, with the record date on September 30, 2026. The split ratio is 2 shares per 1 ordinary share.\n\n### Revision of dividend forecast (increase)\nBased on the stock split and our shareholder return policy, we will revise the dividend forecast for the fiscal year ending March 2027. Interim dividend will be 40 yen per share, and the year-end dividend will be 20 yen (equivalent to 40 yen after the split), making the pre-split annual dividend 80 yen. The interim dividend will be based on the number of shares before the split, and the year-end dividend will be based on the number of shares after the split.","jir_financial_highlights":"Total number of outstanding shares (before split): 53,987,499 shares (Unknown)\nIncrease in shares due to public offering: 4,694,600 shares (Unknown)\nIncrease in shares due to third-party allotment: 704,100 shares (Unknown)\nTotal number of outstanding shares after split: 118,772,398 shares (Post-split)\nTotal number of authorized shares: 400,000,000 shares (Post-split expansion)\nRecord date: September 30, 2026 (Newly established)\nEffective date: October 1, 2026 (Newly established)","jir_category":"","jir_hashtags":"#Baro Holdings Co., Ltd., #capital_policy, #stock_split","jir_key_figures":"Total number of outstanding shares: 53,987,499 \u2192 after split 118,772,398\nTotal number of authorized shares: 200,000,000 \u2192 400,000,000\nDividend forecast: Interim 40 yen, Year-end 20 yen (equivalent to 40 yen after split) per share, annual 80 yen planned","jir_meta_title":"Baro Holdings Co., Ltd. Stock Split and Dividend Forecast Revision | June 2026","jir_meta_description":"Baro Holdings Co., Ltd. announces stock split and amendments to the Articles of Incorporation. Details on the effective date, record date, split ratio, dividend forecast revision, and changes to the shareholder benefit program.","jir_og_title":"Baro Holdings Co., Ltd. Stock Split and Dividend Forecast Revision","jir_og_description":"Announcement of stock split, Articles of Incorporation amendments, and increased dividend forecast. Effective date 10\/1, record date 9\/30, split ratio 2x to improve liquidity.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9052,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"capital_policy","footnotes":""},"sector":[],"importance":[],"class_list":["post-73591","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 Stock Split and partial amendment of Articles of Incorporation accompanying the stock split, Revision of dividend forecast (increase) and partial revision of shareholder benefit program - 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-9956\/ir\/9956-20260630-02_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-9956\/ir\/9956-20260630-02_wp_capital_policy\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-9956\/ir\/9956-20260630-02_wp_capital_policy\/\",\"name\":\"Notice regarding Stock Split and partial amendment of Articles of Incorporation accompanying the stock split, Revision of dividend forecast (increase) and partial revision of shareholder benefit program - 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