Source disclosure: February 17, 2026

Happiness and D Co., Ltd. [3174.T]

TOKYO, Feb 17 (Pulse News Wire) -- Happiness and D Co., Ltd. (3174.T), led by President Maehara Satoshi, announced on Friday that it has decided to implement additional changes to its shareholder benefits program as part of ongoing efforts to enhance shareholder satisfaction. The company's board meeting held on February 17, 2026, approved these modifications after initially announcing changes to the program on November 18, 2025.

The primary reason for this further adjustment is to address the significant demand from shareholders who expressed interest in retaining some elements of the previous benefit system. In response, Happiness and D will now offer gift certificates to shareholders holding shares as of August 31, alongside the existing premium membership program for those holding shares as of February 28. This dual approach aims to provide more comprehensive benefits throughout the year.

Under the revised plan, shareholders owning one unit (100 shares) or more as of August 31 will receive gift certificates and discount coupons based on their shareholding levels. For instance, shareholders with between 100 and 299 shares will receive a ¥1,000 gift certificate plus two 10% discount coupons, while those with holdings ranging from 1,000 to 1,999 shares will be entitled to a ¥16,000 gift certificate along with two 10% discount coupons. These gifts are expected to be dispatched around October 2026.

Meanwhile, the company’s premium membership program remains unchanged for shareholders as of February 28. Shareholders can still earn points corresponding to their shareholdings, which they can redeem through the “Happiness and D Premium Membership Club.” The point distribution scheme ranges from 2,000 points for 100-199 shares up to 50,000 points for over 1,000 shares, with each point equivalent to one yen. However, these points cannot be carried forward.

In a statement, Director Management Officer Maruyama Makoto emphasized the company's commitment to continuous improvement and growth, urging shareholders to understand and support these adjustments aimed at enhancing overall shareholder value.

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