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Brangistainc partners with SBI, moves to standard market, declares first dividend

September 10, 2025 at 12:03 PM UTCBy FilingReader AI

Brangistainc has formed a capital and business alliance with SBI Holdings and SBINM, involving a third-party allotment of 1,150,000 common shares to SBINM at JPY 745 per share, raising JPY 856,750,000. These funds are for media-related investment activities with SBI Group from January 2026 to December 2028. This move aims to boost Brangistainc's corporate value by leveraging SBI Group's network and expertise in financial and media sectors. The transaction, approved on September 10, 2025, is conditional on the effectiveness of the securities registration statement, with a payment deadline of October 1, 2025.

In a related development, Brangistainc applied for a market segment change from the Growth Market to the Standard Market of the Tokyo Stock Exchange, effective September 10, 2025. This application, coinciding with the company's 25th anniversary and 10 years since listing, is expected to boost credibility and diversify fundraising options.

Additionally, Brangistainc announced its first-ever dividend, including a commemorative dividend for its 25th anniversary and 10th listing anniversary. The company will issue a year-end dividend of JPY 10.00 per share for the fiscal year ending September 2025, consisting entirely of a commemorative dividend, as decided on September 10, 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:6176Tokyo Stock Exchange

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