Nishikawa Rubber Industry, a major manufacturer of sealants for Autos, is performing well. It started with a favorable auction and at one point reached 4,800 yen, a 115 yen increase from the previous day. After the market closed on the 5th, it announced a Stock Splits and changes to its Shareholder incentive program.
The company will implement a 1-for-2 Stock Splits with a record date of March 31, 2025. This aims to improve liquidity and expand the investor base.
Regarding the Shareholder incentives, based on the post-split standard, those holding 100 shares will receive a 500 yen Quo Card, and those holding 200 shares (under 2000 shares) will receive a 1000 yen Quo Card.
Provided by Wealth Advisor Company.