Hakuto Approves Share Split and Bylaw Changes

TOKYO, Jul 29 (Pulse News Wire) – Hakuto CO.,LTD. (7433.T) announced that its board of directors, held, approved a share split and corresponding changes to the company's articles of incorporation.

Under the plan, shareholders recorded in the final shareholder registry on September 30, 2026, will receive three shares for every one share owned. As a result, the total number of outstanding shares will increase from 21,137,213 to 63,411,639. The total number of authorized shares post-split will be 162,000,000.

The effective date of the split is set for October 1, 2026. Additionally, the company plans to amend its articles of incorporation based on the Companies Act Article 184, Paragraph 2, effective October 1, 2026. The amendment involves changing the total number of authorized shares from 5,400 to 162 million shares.

Regarding dividends, since the effectiveness date of the share split is October 1, 2026, the second interim dividend for the fiscal year ending March 2027, which uses September 30, 2026, as the record date, will be paid based on pre-split share counts.