Koei Tecmo adjusts stock options, secures funding for game development

Koei Tecmo Holdings announced pricing for its self-stock disposal and share offerings, with a disposal price of JPY 1,827.5 per share, totaling JPY 26,937,350,000 for the public offering. The company will also offer an additional 3,260,000 shares in an over-allotment. These transactions follow a board of directors resolution on September 2, 2025.

Concurrently, the company is adjusting the exercise prices of its share acquisition rights (stock options). The 11th series will be adjusted from JPY 2,504 to JPY 2,487, and the 12th series from JPY 1,665.5 to JPY 1,645. These adjustments are effective from September 18, 2025, due to the per-share payment amount for the self-stock disposal being below the market price specified in the share acquisition rights terms.

The total proceeds from the public offerings and third-party allotments, capped at JPY 31,534,160,000, are slated for investment in human capital for the entertainment business, specifically for enhancing development structures for new titles through funding to its subsidiary, Koei Tecmo Games. These funds are expected to be utilized by March 2028.