Kasumigaseki Capital adjusts convertible bond conversion price

Kasumigaseki Capital Co., Ltd. (KC) will adjust the conversion price of its euro-yen convertible bonds with stock acquisition rights maturing in 2029 from JPY 8,488.2 to JPY 8,448.9. This adjustment, effective December 11, 2025, represents a decrease of JPY 39.3 from the previous conversion price.

The change stems from the issuance of 691,500 new shares by KC, resolved by the board of directors on October 24, 2025. The issue price per share for these new shares, with a payment due date of December 10, 2025, was below the market price specified in the terms and conditions of the 2029 euro-yen convertible bonds.

This adjustment aligns with the conversion price adjustment provisions outlined for these bonds. Koshiro Komoto serves as president & CEO, with Kazunari Hirose as director, deputy president & CFO.