Noritake announces 2-for-1 stock split to boost liquidity, expand investor base

Noritake Co., Limited announced a 1-for-2 stock split, effective April 1, 2026. The split aims to reduce the per-unit share price, improving stock liquidity and broadening the company's investor base. Shareholders recorded on the register as of March 31, 2026, will receive two shares for every one share held.

Following the split, the total number of outstanding shares will increase from 28,103,498 to 56,206,996. Consequently, the maximum number of shares the company is authorized to issue will be revised in its articles of incorporation from 79.5 million shares to 159 million shares.

Dividends for the fiscal year ending March 31, 2026, will be calculated based on pre-split shareholdings. The shareholder benefit program will also continue based on pre-split share numbers, effectively increasing benefits for shareholders.