Kurogane Kosakusho Ltd. [7997.T]
TOKYO, May 12 (Pulse News Wire) – Kurogane Kosakusho Ltd. (7997.T) announced changes to its shareholder benefits program aimed at enhancing long-term shareholding incentives.
At a board meeting held, the company decided to increase the benefit amount for shareholders who hold shares for six months or more during the fiscal year ending November 2026. Specifically, the benefit will be increased by either [NUM_0]% or [NUM_1]% based on the number of shares held. For the fiscal year beginning November 2027 and onwards, the expanded program will target shareholders holding shares for one year or longer. Under the revised scheme, shareholders with 100 to less than 300 shares who maintain their holdings for six months or more will receive a QUO card worth [NUM_5]% of their holdings, while those with 300 or more shares will get a card valued at [NUM_7]%.
In subsequent years, the criteria will extend to one-year continuous holding periods, offering benefits ranging from [NUM_9]% to [NUM_11]% depending on the number of shares held. The company emphasized that these enhancements aim to strengthen and stabilize its shareholder base through improved long-term engagement. Any further modifications to the program will be promptly communicated to shareholders. While the impact on the company's consolidated performance and financial status is expected to be minor, Kurogane Kosakusho remains committed to disclosing any significant developments in due course.
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