Source disclosure: January 23, 2026
MAMEZO CO.,LTD. [202A.T]
TOKYO — Mamezo Co., Ltd., represented by President and CEO Tetsuya Nakahara (stock code: 202A on Tokyo's Growth Market), announced today that its board of directors has decided to suspend the planned year-end dividend payment for the fiscal year ending March 2026, contingent upon the successful completion of a tender offer initiated by Roodhalsgans 1 Corporation.
The company made this decision during a board meeting held on January 23, 2026. The move follows an earlier announcement supporting Roodhalsgans 1 Corporation’s public tender offer for Mamezo Co.’s common shares and subscription warrants. According to the press release issued alongside the tender offer support statement, the suspension of dividends is tied to the terms of the tender offer, which assumes no year-end dividend payout as of March 31, 2026.
Mamezo Co.'s management acknowledges shareholder returns as a critical aspect of their business strategy but emphasizes the need to maintain internal reserves to ensure stable future operations and strengthen the company's operational structure. Given these considerations, the board concluded that suspending the dividend for the current fiscal year was necessary to align with the conditions set forth by Roodhalsgans 1 Corporation's tender offer. As such, the revised forecast for the annual dividend stands at zero yen per share for the year-end period, down from the previously announced 31 yen per share.
In detail, the adjusted dividend expectations for the fiscal year areas follows: - Mid-year interim dividend: Previously expected at 30 yen per share, now revised to zero yen per share. - Year-end dividend: Originally anticipated to be 31 yen per share, now also revised to zero yen per share. - Total annual dividend: Reduced from the initial expectation of 61 yen per share to zero yen per share.
This change reflects the company's commitment to balancing short-term obligations with long-term strategic goals, particularly given the potential implications of the tender offer on the company's capital structure and market listing status.
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