Nihon Kohden : Announces Stock Split and Partial Amendment to the Articles of Incorporation
May 13, 2024 at 02:06 am
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These documents have been translated from Japanese originals for reference purposes only. In the event of any discrepancy between these translated documents and the Japanese originals, the originals shall prevail.
May 13, 2024
NIHON KOHDEN CORPORATION (6849)
Stock Exchange Listing:
Prime Market, Tokyo Stock Exchange
Head Office:
Tokyo
Representative:
Hirokazu Ogino, Representative Director, President and Chief Executive Officer
Contact:
Fumio Izumida, Operating Officer, General Manager of Corporate Strategy Division
Phone: +81 / 3-5996-8003
Nihon Kohden Announces Stock Split and
Partial Amendment to the Articles of Incorporation
Nihon Kohden today announced that its Board of Directors held on May 13, 2024 has resolved to conduct a stock split and partially amend the Articles of Incorporation.
1. Purpose of stock split
The purpose of the stock split is to create an environment that makes it easier for investors to invest in the Company's stock and to increase the trading liquidity of the stock and expand the investor base, by lowering the amount of one unit of investment.
2. Outline of stock split
Method of stock split
Each share of common stock held by shareholders listed or recorded in the final shareholders' register as of Sunday, June 30, 2024 will be split into two shares.
(2)
Increase in number of shares due to stock split
1)
Total number of shares issued before stock split
88,230,980 shares
2)
Increase in number of shares due to stock split
88,230,980 shares
3)
Total number of shares issued after stock split
176,461,960 shares
4)
Total number of shares authorized to be issued after stock split
395,944,000 shares
3. Schedule of stock split
(1)
Public notice date of record date
Friday, June 14, 2024 (planned)
(2)
Record date
Sunday, June 30, 2024
(3)
Effective date
Monday, July 1, 2024
As the record date is a non-business day of the shareholders registry administrator, the actual record date will be Friday, June 28, 2024.
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4. Partial amendment to the Articles of Incorporation
Reason for amendment
Along with the stock split, Nihon Kohden will amend Article 6 (Total Number of Shares Authorized to be Issued) of the Articles of Incorporation of the Company, effective July 1, 2024, in accordance with the provision of Article 184, Paragraph 2 of the Companies Act.
(2) Contents of amendment
(The amendment is underlined.)
Current Articles of Incorporation
Amended Articles of Incorporation
(Total Number of Shares Authorized to be Issued)
(Total Number of Shares Authorized to be Issued)
Article 6.
Article 6.
The total number of shares authorized to be issued
The total number of shares authorized to be issued
by the Company shall be 197,972k shares.
by the Company shall be 395,944k shares.
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Nihon Kohden Corporation published this content on
13 May 2024 and is solely responsible for the information contained therein. Distributed by
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13 May 2024 06:05:04 UTC.
NIHON KOHDEN CORPORATION is a Japan-based company engaged in the research, development, manufacture and sale of medical electronic equipment, as well as the provision of maintenance and repair services. The Company mainly operates medical electronics related business. The Company offers electroencephalograph, electromyographic, evoked potential testing equipment, electrocardiographs, cardiac catheterization equipment, diagnostic information systems and related consumables (paper, electrodes, catheters and others), biological information monitors, clinical information systems, artificial respiration, artificial ear, hemocytometer, ultrasonic diagnostic equipment, research equipment and transformers, among others. The Company is also engaged in the sales promotion for its products, as well as the general affair-related and manpower dispatching businesses.
NIHON KOHDEN CORPORATION 
