Daiwa House Industry adjusts convertible bond conversion prices

Daiwa House Industry has adjusted the conversion prices for its 2029 and 2030 Euro yen-denominated convertible bonds with stock acquisition rights. The adjustment stems from the approval of a year-end dividend of JPY 80 per share at the company’s 86th Annual General Meeting of Shareholders on June 27, 2025, bringing the total annual dividend for the fiscal year ending March 2025 to JPY 150 per share. Consequently, the conversion price for the 2029 bonds is adjusted from JPY 5,349.3 to JPY 5,338.3, while the conversion price for the 2030 bonds is adjusted from JPY 5,256.4 to JPY 5,245.6, in accordance with the terms and conditions outlined in the bond agreements.