Obara Group adjusts convertible bond conversion price downward

Obara Group Incorporated has announced an adjustment to the conversion price of its 2028 euro-yen denominated convertible bonds with stock acquisition rights, effective from October 1, 2025. The conversion price will decrease from JPY 3,944.7 to JPY 3,858.4.

This adjustment follows the approval of a year-end dividend proposal at the 67th Ordinary General Meeting of Shareholders for the September 2025 fiscal period, held on December 19, 2025. The dividend of JPY 90 per share triggered the conversion price adjustment in accordance with the terms and conditions of the bonds.

The company's representative director is Yasutsugu Obara, and inquiries can be directed to Narumi Iitaka, head of business planning department.