Source disclosure: February 12, 2026
KI-STAR REAL ESTATE CO.,LTD [3465.T]
TOKYO, Feb 12 (Pulse News Wire) -- Ki-Star Real Estate Co., Ltd. (3465.T), represented by Chairman Keiji Awai, announced today that its board of directors has approved a share split and corresponding amendments to the company's articles of incorporation. The decision was made during a meeting held on February 12, 2026.
The primary objective of this share split is to enhance liquidity and broaden the investor base by reducing the investment unit price per share. Under the plan, each ordinary share recorded in the final shareholder register as of March 31, 2026, will be split into two shares. This action will increase the total number of outstanding shares from 15.866 million to 31.732 million. Additionally, the total number of authorized shares will rise from 48 million to 96 million.
The timeline for the share split includes an announcement date set for March 16, 2026, with the effective date being April 1, 2026. Shareholders should note that the dividend payout for the fiscal year ending March 31, 2026, will still be based on pre-split share counts. Furthermore, the exercise prices for the company’s subscription rights will also undergo adjustments post-split. Specifically, the exercise price for the fourth series of subscription rights will decrease from 5,481 yen to 2,741 yen starting from April 1, 2026.
In conjunction with these changes, the company will amend Article Fifth of its articles of incorporation to reflect the new maximum issuance limit of 96 million shares. These modifications aim to align with provisions under Article 184, Paragraph Two of Japan's Companies Act. The resolution was passed on February 12, 2026, and the changes will take effect on April 1, 2026.
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