FilingReader Intelligence

Azoom announces dividend, stock split to boost market activity

December 22, 2025 at 12:05 PM UTCBy FilingReader AI

Azoom Co., Ltd. announced on December 22, 2025, the receipt of a ¥300 million dividend from its consolidated subsidiary, Teppeki Co., Ltd. This dividend will be recorded as non-operating income in Azoom’s non-consolidated financial statements for the fiscal year ending September 2026, with no impact on consolidated results.

In a related move to boost market activity, Azoom also announced a 2-for-1 stock split, effective October 1, 2025. This action is part of the company's strategy to lower its investment unit, aiming to expand its investor base and improve stock liquidity. The disclosure was made in accordance with Article 409 of the Tokyo Stock Exchange's Securities Listing Regulations, as the company's investment unit exceeded ¥500,000 as of September 30, 2025.

Azoom plans to continually assess further adjustments to its investment unit, considering stock prices, market trends, and shareholder composition to determine future implementation and timing.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:3496Tokyo Stock Exchange

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