Izumi announces stock split, shareholder benefits, and company split

Izumi Co., Ltd. announced a 1-for-3 stock split, effective March 1, 2026, with February 28, 2026, as the record date. This move aims to enhance stock liquidity and broaden its investor base by lowering the price per investment unit. Concurrently, the total number of authorized shares will increase from 195,243,000 to 585,729,000.

In conjunction with the stock split, Izumi is revising its shareholder benefit program, which will apply to shareholders recorded as of August 31, 2026. For instance, shareholders holding 100 shares (before the split) will receive 20 coupons for 2,000 yen and a 500 yen QUO card. After the split, holding 300 shares (equivalent to 100 pre-split shares) will yield 20 coupons for 2,000 yen and a 500 yen QUO card, maintaining the benefit per original share.

Additionally, Izumi announced an absorption-type company split, transferring its Youme Mart Shimonoseki Station operations to its consolidated subsidiary, Youme Mart Kitakyushu Co., Ltd. This move, effective March 1, 2026, aims to enhance operational efficiency in the Kitakyushu and Shimonoseki areas. The transaction involves no shares or other compensation.