Source disclosure: February 19, 2026
AJIS CO.,LTD. [4659.T]
TOKYO — Ajis Co., Ltd., listed on the Tokyo Stock Exchange Standard Market under code number 4659, announced today that its board of directors has decided to suspend the final dividend payment for the fiscal year ending March 31, 2026, and discontinue its shareholder preferential treatment program, contingent upon the successful tender offer by Saito Holdings (the "Offeror"). The company's representative director, Yoshiya Fukuda, made this announcement following a board meeting held on February 19, 2026.
The decision was made in conjunction with the company’s endorsement of the public tender offer initiated by Saito Holdings for Ajis Co.'s ordinary shares. The board also recommended shareholders participate in the tender offer, which is detailed in a separate press release issued earlier today. This recommendation is based on the assumption that the tender offer will lead to delisting of Ajis Co.’s shares from the stock exchange. Further information regarding the tender offer can be found in the aforementioned press release.
Regarding the suspension of dividends, Ajis Co. traditionally prioritizes returning profits to its shareholders as one of its key business objectives while maintaining robust internal reserves to support future growth initiatives. However, given that the tender offer price does not include any consideration for the upcoming final dividend distribution, the board resolved to forego the planned dividend payout for the fiscal year ending March 31, 2026. As a result, the per-share dividend forecast for the second quarter end and the final period have been revised to zero yen each, down from the previously announced 95 yen per share.
Additionally, the company's board decided to terminate the shareholder preferential treatment program starting from September 30, 2026, conditional on the completion of the tender offer. Consequently, all benefits associated with the current preferential treatment scheme will cease after the final distribution scheduled for September 30, 2025, to eligible shareholders registered on that date.
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