TORIDOLL Tweaks Convertible Bond Conversion Price After Extraordinary Dividend

TORIDOLL Holdings Corporation ( (JP:3397) ) has shared an announcement.

TORIDOLL Holdings Corporation has adjusted the conversion price of its Zero Coupon Convertible Bonds due 2031 from ¥4,360.0 to ¥4,359.0 per share, effective April 1, 2026. The technical change slightly alters the equity conversion terms for bondholders without materially affecting the company’s capital structure.

The adjustment is triggered by the company’s decision to pay an extraordinary dividend of ¥11.00 per share for the fiscal year ending March 31, 2026, as approved by the board of directors on May 15, 2026. This move reflects TORIDOLL’s shareholder return policy while ensuring bond conversion terms remain fair and in line with the bond documentation following the additional dividend payment.

The most recent analyst rating on (JP:3397) stock is a Sell with a Yen3100.00 price target. To see the full list of analyst forecasts on TORIDOLL Holdings Corporation stock, see the JP:3397 Stock Forecast page.

More about TORIDOLL Holdings Corporation

TORIDOLL Holdings Corporation is a Japan-based food service company listed on the Tokyo Stock Exchange Prime Market. The group is best known for operating restaurant chains, including noodle and fast-casual concepts, targeting mass-market consumers in Japan and expanding selectively overseas.

Average Trading Volume: 337,292

Technical Sentiment Signal: Buy

Current Market Cap: Yen345.4B

See more data about 3397 stock on TipRanks’ Stock Analysis page.