Japan Animal Referral Medical Center announces five-for-one stock split

Japan Animal Referral Medical Center announced a five-for-one stock split, effective December 17, 2025, with a record date of December 16, 2025. This move aims to lower the investment unit per share, making the company's stock more accessible to a wider range of investors, including individual owners and those utilizing the new NISA system, thereby improving stock liquidity.

Following the split, the total number of outstanding shares will increase from 2,878,200 to 14,391,000 shares, with an additional 11,512,800 shares issued. Concurrently, the company will amend its Articles of Incorporation, raising the total number of authorized shares from 8,000,000 to 40,000,000 shares. The capital amount will not change as a result of this stock split.

The company also adjusted its dividend forecast for the fiscal year ending March 2026. While the per-share dividend will be nominally adjusted from 40 yen to 8 yen due to the split, there is no substantive change to the underlying dividend. The company is currently reviewing its dividend policy based on recent upward revisions to its earnings forecast.