Nojima announces stock split and increased dividend forecast

Nojima's board of directors, at a meeting held on September 16, 2025, resolved to implement a 3-for-1 stock split. This will take effect on October 11, 2025, with a record date of October 10, 2025. The split aims to reduce the per-unit investment amount, expanding the investor base and improving stock liquidity. As a result, total outstanding shares will increase from 102,579,232 to 307,737,696 shares, and authorized shares will increase to 1,020,000,000 shares.

In conjunction with the stock split, Nojima will amend its Articles of Incorporation, specifically Article 5 concerning the total number of authorized shares, effective October 11, 2025. Furthermore, the exercise prices for outstanding stock acquisition rights will be adjusted accordingly from October 11, 2025. For example, the exercise price for the 19th stock acquisition rights will be adjusted from JPY 1,418 to JPY 473.

Nojima has also revised its dividend forecast for the fiscal year ending March 2026. The year-end dividend forecast is now JPY 8 per share post-split (equivalent to JPY 24 per share pre-split), representing an increase of JPY 1 per share compared to the previous forecast. The total annual dividend, pre-split, is now projected to be JPY 47 per share.