- March 6, 2024
- Press Release
- Company Name: Capcom Co., Ltd.
Representative: Haruhiro Tsujimoto, President and COO
(Code No. 9697 TSE Prime)
Contact: Ryohei Okada, Senior Manager of
Public Relations and Investor Relations Section
Phone Number: +81-6-6920-3623
Notice Regarding Stock Split and
Associated Partial Amendment to the Articles of Incorporation
Capcom Co., Ltd. ("the Company") announces that it has resolved at the Board of Directors meeting held today, to implement a stock split and partially amend the Articles of Incorporation. Details are as follows.
1. Purpose of the stock split
The purpose of the stock split is to improve the liquidity of the Company’s stock and expand its investor base by reducing the stock price per investment unit.
2. Summary of the stock split
(1) Method of the stock split
Each share of common stock owned by shareholders listed or recorded in the closing register of shareholders on the record date of Sunday, March 31, 2024 will be split into two shares.
Because the Sunday, March 31, 2024 record date is a holiday for the Company’s administrator of the shareholder register, the effective record date will be Friday, March 29, 2024.
(2) Number of shares to be increased by the stock split
| 1. Total number of shares issued prior to the stock split: | 266,505,623 shares |
| 2. Number of shares to be increased by the stock split: | 266,505,623 shares |
| 3. Total number of shares issued following the stock split: | 533,011,246 shares |
| 4. Total number of shares authorized following the stock split: | 1,200,000,000 shares |
(3) Schedule of the stock split
| 1. Public notice of record date: | Tuesday, March 12, 2024 |
| 2. Record date: | Sunday, March 31, 2024 |
| 3. Effective date: | Monday, April 1, 2024 |
3. Associated Partial Amendment to the Articles of Incorporation
(1) Reason for the amendment
In conjunction with this stock split, pursuant to Article 184, Paragraph 2 of the Companies Act, the Company will amend Article 6 (Total Number of Shares Authorized) of its Articles of Incorporation, effective Monday, April 1, 2024.
(2) Details of the amendment
The details of the amendment are as follows:
| Prior to the amendment | Following the amendment |
|
(Total Number of Shares Authorized) |
(Total Number of Shares Authorized) |
(3) Schedule of the amendment
| Effective date: | Monday, April 1, 2024 |
4. Other
(1) Change of capital
The amount of stated capital will not change as a result of this stock split.
(2) Dividends
As the effective date of this stock split is Monday, April 1, 2024, the year-end dividend for the fiscal year ending March 31, 2024, will be paid on the basis of the number of shares prior to the stock split.
Please see the March 6, 2024 announcement entitled “Notice Regarding Dividends from Retained Earnings (Upward Revision)” for information regarding the year-end dividend forecast for the fiscal year ending March 31, 2024.
