Kanro announces stock split, increased liquidity, and revised forecast

** Kanro Inc. [TSE:2216] has announced a strategic stock split, set for implementation on July 1, 2025, to improve liquidity and attract a wider range of investors. The 3-for-1 split will increase the total number of issued shares from 15,315,604 to 45,946,812, requiring an amendment to the company's articles of incorporation, which will raise the total number of shares authorized for issuance to 120,000,000. Concurrent with this, the company has revised its dividend forecast, maintaining a second-quarter dividend of JPY45.00 per share before the split and setting a year-end dividend of JPY16.00 per share post-split. Kanro is also updating its shareholder benefits program, adjusting the tiers to reflect the increased number of shares and introducing a long-term incentive for shareholders holding 3,000 shares or more for at least three years. There is no change to the Company’s share capital as a result of the share split.