Yamazen adjusts bond price, expands globally and boosts shareholder benefits
Yamazen Corporation has adjusted the conversion price of its Zero Coupon Convertible Bonds due 2026 from 1,187.5 yen to 1,186.1 yen, effective October 1, 2025. This adjustment follows the payment of an interim dividend of 20 yen per share, approved by the board of directors on November 12, 2025, in line with the bonds' terms and conditions.
In a move to enhance shareholder value, Yamazen also established a new shareholder benefits plan. Eligible shareholders holding 100 shares or more as of March 31 each year will receive Yamazen Bizcom e-commerce coupons worth 3,000 yen for 100-299 shares or 5,000 yen for 300 shares or more, starting June 2026.
Concurrently, Yamazen is expanding its global footprint by establishing a new subsidiary, Plustech GmbH, in Stuttgart, Germany, scheduled for April 2026. This sub-subsidiary, 100% owned by Plustech Inc., a US subsidiary, will focus on sales and service of injection molding machines across Europe. This aligns with Yamazen’s three-year medium-term management plan to accelerate global expansion and strengthen business in key markets.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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