Izumi announces stock split, shareholder benefit changes, and business transfer

Izumi Co., Ltd. announced a 3-for-1 stock split, effective March 1, 2026, aimed at lowering the investment unit price, enhancing liquidity, and expanding its investor base. The company will amend its Articles of Incorporation to increase the authorized share capital. The stock split will not impact the amount of share capital, and year-end dividends for the fiscal year ending February 28, 2026, will be based on pre-split share counts.

In conjunction with the stock split, Izumi will revise its shareholder benefit program, with new criteria taking effect for shareholders registered as of August 31, 2026. For example, the lowest tier for standard benefits will now be 100 shares (post-split) for 1,000 yen equivalent in vouchers and a 500 yen QUO card, replacing the previous 100 shares (pre-split) for 2,000 yen equivalent and a 500 yen QUO card.

Separately, Izumi also announced an absorption-type company split, transferring its Youme Mart Shimonoseki Station supermarket business to its wholly-owned consolidated subsidiary, Youme Mart Kitakyushu Co., Ltd. The transfer, effective March 1, 2026, is intended to improve operational efficiency in the Kitakyushu and Shimonoseki regions. Izumi will not receive any shares or other consideration for this transfer, which is expected to have a minor impact on consolidated results.