HAKUHODO DY HOLDINGS INC 
By July 31, 2013
Company Name: Hakuhodo DY Holdings Inc. Representative: Mr. Hirokazu Toda, President & CEO
(Code number: 2433; TSE First Section) Inquiries: Mr. Satoru Yagi
Executive Manager, Investor Relations Division
(Tel: +81-3-6441-9033)
Hakuhodo DY Holdings to Conduct Stock Split, Change Share Unit, Partially Amend Articles of Incorporation, and Revise Dividend Forecast
Hakuhodo DY Holdings Inc. today announced that the Board of Directors has passed resolutions to conduct a stock split, change the number of shares constituting one unit (share unit), and partially amend the Articles of Incorporation, as follows.
1. Purpose of the Stock Split, Change in Share Unit and Partial Amendment to Articles of
Incorporation
Hakuhodo DY Holdings will conduct a 10-for-1 stock split of its common stock and at the same time change the share unit for the Company's common stock from 10 shares to 100 shares in order to help enhance the convenience and liquidity of the securities markets, in line with the purport of the "Action Plan for Consolidating Trading Units" released by all of Japan's securities exchanges on November 27, 2007. However, there is no substantive change in the investment unit as a result of this stock split or share unit change.
2. Stock Split Overview
(1) Stock Split Method
The record date for the stock split shall be September 30, 2013 (Monday). Each share of common stock held by shareholders entered or recorded on the register of shareholders at the end of this day shall be split into 10 shares.
(2) Increase in Number of Shares due to Stock Split
Total number of shares issued before stock split: 38,855,810 shares Increase in number of shares due to stock split: 349,702,290 shares Total number of shares issued after stock split: 388,558,100 shares Total number of shares authorized after stock split: 1,500,000,000 shares
(Note) The above figures are based on the total number of shares issued as of March 31,
2013.
(3) Stock Split Schedule
Announcement of record date: September 10, 2013(Tuesday) Record date: September 30, 2013 (Monday) Effective date of stock split: October 1, 2013 (Tuesday)
3. Share Unit Change
(1) Details of Change
The number of shares that constitute one unit shall be amended from 10 shares to
100 shares providing the stock split takes effect as outlined under "2. Stock Split
Overview" above.
- 1 -
(2) Effective Date
Effective date: October 1, 2013 (Tuesday)
(Reference) The share unit for the Company's common stock on the Tokyo Stock Exchange as of September 26, 2013 (Thursday) shall be changed from 10 shares to 100 shares.
4. Partial Amendments to the Articles of Incorporation
(1) Reason for Amending the Articles of Incorporation
The Company shall partially amend its Articles of Incorporation as of October 1,
2013 (Tuesday) in accordance with the provisions of Article 184, Paragraph 2 and Article 191 of the Companies Act of Japan due to the aforementioned stock split and share unit change. Details are as follows.
1) The Company shall amend Article 6 (Total Number of Authorized Shares) of the current Articles of Incorporation in order to increase the total shares authorized to be issued taking into consideration the stock split ratio.
2) The Company shall also amend Article 8 (Number of Shares Constituting One
Unit) of the current Articles of Incorporation in order to change the share unit to
100 shares along with the change in share unit accompanying the stock split.
(2) Details of the Amendments to the Articles of Incorporation
The Articles of Incorporation shall be changed as follows.
(Amendments are underlined)
Current Articles of Incorporation | Amended Articles of Incorporation |
(Total Number of Authorized Shares) Article 6 The total number of shares authorized to be issued by the Company shall be 150,000,000 shares. | (Total Number of Authorized Shares) Article 6 The total number of shares authorized to be issued by the Company shall be 1,500,000,000 shares. |
(Number of Shares Constituting One Unit) Article 8 The number of shares constituting one unit of the Company shall be 10 shares. | (Number of Shares Constituting One Unit) Article 8 The number of shares constituting one unit of the Company shall be 100 shares. |
5. Dividend Forecast Revision
(1) Interim Dividend as of September 30, 2013
There has been no change to the dividend per share forecast announced on May
9, 2013, because this is based on the number of shares before the stock split.
(2) Year-end Dividend as of March 31, 2014
The year-end dividend per share forecast announced on May 9, 2013 has been revised, as per the following page, because this is based on the number of shares after the stock split. However, there has been no substantive change in the dividend forecast due to this revision because the revision was made in line with
the implementation of a stock split.
- 2 -
