Kyoritsu Maintenance adjusts conversion price on Euro-yen convertible bonds

Kyoritsu Maintenance (TSE:9616) has announced an adjustment to the conversion price of its euro-yen convertible bonds maturing in 2026. The adjustment, set to take effect on April 1, 2025, lowers the conversion price from JPY2,355.0 to JPY2,343.0. This adjustment was prompted by the approval of a surplus disposition at the 46th Ordinary General Meeting of Shareholders held on June 26, 2025. The approved measure included a year-end dividend payment of JPY22 per share, bringing the total annual dividend for the fiscal year ending March 31, 2025, to JPY38 per share. The company is adjusting the conversion price in accordance with the provisions for adjusting the conversion price of euro-yen convertible bonds maturing in 2026.