Source disclosure: January 08, 2026
istyle Inc. [366A.T]
TOKYO, Jan 8 (Pulse News Wire) -- Wellness Communications Co., Ltd. (code number: 366A, Tokyo Stock Exchange Growth Market), led by President Masahide Matsuda, announced today that its board of directors has resolved to implement a share split, accompanying amendments to the articles of incorporation, and an upward revision to dividend expectations. The company aims to enhance liquidity and broaden its investor base through this move.
The share split will be executed on January 31, 2026, with January 30 being the effective date due to the shareholders' register closure on January 31. Under the plan, each ordinary share held as of the record date will be split into two shares. This will increase the total number of outstanding shares from 6,231,700 to 12,463,400. Additionally, the total number of authorized shares will rise from 8 million to 16 million. However, the capital stock amount remains unchanged.
In conjunction with the share split, exercise prices for all outstanding warrant issues will be adjusted accordingly. For instance, the per-share exercise price for the first round of warrants will drop from ¥2,100 to ¥1,050, while the fourth round's price will decrease from ¥2,583 to ¥1,292.
Furthermore, the company is revising its dividend forecast. Following the share split, the annual dividend per share is expected to rise slightly from ¥42.77 before the split to ¥42.80 on a pre-split basis, which translates to ¥21.40 post-split. This adjustment represents a substantive increase in dividends for the fiscal year ending March 2026 compared to previous forecasts. The revised quarterly and yearly dividend figures stand at ¥21.40, up from the previously stated ¥42.77.
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