Sumitomo Electric Industries, Ltd. TSE:5802
Sumitomo Electric Industries : Notice Regarding Share Split 20260511
Source: MarketScreener
To whom it may concern,
May 12, 2026
Company: Sumitomo Electric Industries, Ltd.
Representative: Osamu Inoue, President and COO (Code: 5802, Tokyo Stock Exchange, Nagoya Stock Exchange, and Fukuoka Stock Exchange)
Contact: Maki Tanaka, General Manager, Public Relations Department
Tel: +81-6-6220-4141
Notice Regarding Stock Split and Partial Amendment to Articles of IncorporationSumitomo Electric Industries, Ltd. (President: Osamu Inoue; hereinafter, the "Company") resolved at the Board of Directors meeting held on May 12, 2026, to conduct a stock split and to partially amend its Articles of Incorporation as follows.
Overview of Stock Split
Purpose of Stock Split
By lowering the amount per investment unit of stock, Company will allow for investing to become more accessible for our shareholders, as well as enable further expansion of our investor base.
Method of Stock Split
Each share of common stock owned by shareholders listed or recorded in the register of shareholders on the record date of June 30, 2026 will be split into four shares.
Number of shares to be increased by Stock Split
Total number of issued shares before Stock Split
793,940,571
Number of shares to be increased by Stock Split
2,381,821,713
Total number of issued shares after Stock Split
3,175,762,284
Total number of issuable shares after Stock Split
12,000,000,000
Schedule of Stock Split
Public notice of record date (scheduled)
June 15, 2026
Record date
June 30, 2026
Effective date
July 1, 2026
Others
Dividends
Assuming the stock split will be effective on July 1, 2026, the year-end dividend for the fiscal year ended March 31, 2026 with the record date of March 31, 2026 will be applicable to the common stock outstanding before the stock split.
Change in Amount of Stated Capital
There will be no change in the amount of stated capital as a result of Stock Split.
Partial Amendment to the Articles of Incorporation
Reason for Amendment
In accordance with Stock Split, by resolution of the Board of Directors pursuant to Article 184 (2) of the Companies Act of Japan, Company will make the following partial amendment to the Articles of Incorporation, effective from July 1, 2026.
Details of Amendment (Amendment portion is underlined.)
Current Articles of Incorporation
Amendments to the Articles of Incorporation
Article 6. (Total Number of Shares
Authorized to be Issued)
The total number of shares authorized to be issued by the Company shall be 3,000,000,000 shares.
Article 6. (Total Number of Shares
Authorized to be Issued)
The total number of shares authorized to be issued by the Company shall be 12,000,000,000 shares.
Schedule of Amendment
Date of Board of Directors' resolution | May 12, 2026 |
Effective Date | July 1, 2026 |