Tobu Railway corrects details for shareholder travel passes

Tobu Railway Co., Ltd. announced a correction to its "Notice concerning the enhancement of the shareholder benefit program," originally disclosed on November 26, 2025. The correction primarily affects the tables detailing the issuance of shareholder travel passes. The company aims to enhance the appeal of its shares and encourage long-term ownership by increasing shareholder benefits.

The corrected details primarily impact the continuous ownership bonus for shareholders holding 5,800 shares or more. For shareholders owning 5,800 shares up to less than 11,600 shares, and those holding 11,600 shares or more, who have continuously held shares for three years or more, an additional 10 tickets for round-trip travel will be issued. The original announcement mistakenly implied a different threshold for this benefit. The base issuance for regular and commuter passes remains unchanged for these tiers, with one pass each for both September and March record dates.

The updated shareholder benefit program will be implemented starting with shareholder benefits for those listed in the shareholder register as of March 31, 2026, with distributions scheduled for June 2026. This correction ensures accurate communication regarding the revised eligibility and number of tickets for the continuous ownership reward within Tobu Railway's shareholder benefit scheme.