TOKYO, May 14 (Pulse News Wire) – NIFCO INC. (7988.T) announced today that its board of directors approved a share split effective October 1, 2026.
The purpose of the split is to reduce the investment amount per share, making it easier for investors to participate and enhancing liquidity. Under the plan, shareholders recorded in the final shareholder registry on September 30, 2026, will receive two shares for every one share held. Prior to the split, the total number of outstanding shares was 100,232,614.
As a result of the split, the number of additional shares will be 100,232,614, bringing the post-split total to 200,465,228 outstanding shares and 466,000,000 authorized shares. Additionally, the company's articles of incorporation will be amended to reflect the increased number of authorized shares from ¥200 million to 400 million shares, effective October 1, 2026. No changes will be made to the capital amount due to the share split.
The interim dividend for the fiscal year ending March 2027, which has a record date of September 30, 2026, will still be based on pre-split ordinary shares.
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