Yonden Engineering Co., Ltd. <1939> announced the stock split, partial amendment of the articles of incorporation related to the stock split, and revision of the financial estimates for the dividend for the fiscal year March 2025 on October 31st.

Split the ordinary shares owned by shareholders listed or recorded in the final shareholder register as of September 30th at a ratio of three shares for every one share. The number of shares to be increased by this split will be 32,510,940 shares, and the total number of shares that can be issued after the stock split will be 120,000,000 shares. The company aims to increase the liquidity of its shares and expand its investor base by lowering the investment amount per share. With this stock split, the total number of shares that can be issued in Article 6 of the company's articles of incorporation will be changed from 40 million shares to 120 million shares based on Article 184, Paragraph 2 of the Corporation Law. The effective date is October 1st.

In view of the strong profit growth in the first quarter (April-June 2024) of the fiscal year ending March 2025, the company has revised its dividend estimate for the fiscal year ending March 2025, which was announced on April 26th. Interim dividends will be paid to the shares before the stock split, and the previous estimate has been revised upward by 5 yen to 75 yen. The year-end dividend has been revised to 25 yen. When converted to per share dividends before the stock split, it will be 75 yen, which means an increase of 5 yen compared to the previous estimate. The annual dividend will effectively increase by 10 yen.