TOHO Holdings ADJUSTS CONVERSION PRICE OF CONVERTIBLE BONDS

TOKYO, May 13 (Pulse News Wire) – Toho Holdings CO.,LTD. (8129.T) announced adjustments to the conversion price of its Euro-yen denominated convertible bonds due in 2028.

According to the notice, the conversion price of the bonds was adjusted from ¥2,760 to ¥2,690. The adjustment applies from April 01, 2026 onwards.

The decision follows the approval of a final dividend of ¥120 per share at the board meeting held. The adjustment aligns with the bond's terms and conditions stipulated for such changes.

This adjustment ensures compliance with the bond issuance agreement and reflects the approved dividend payout.