Notice Concerning Stock Split and Partial Change to Articles of Incorporation

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January 30,2015

KDDI Corporation

Tokyo: KDDI Corporation (hereafter the "Company") announces that at the meeting of the Board of Directors held on January 30, 2015, it resolved to conduct a stock split and partially revise the articles of incorporation. The details are as follows.

  1. Purpose of Stock Split
    The stock split will be conducted with the aim of increasing the liquidity of the Company's stock and expanding its investor base by reducing the price of share-trading units.
  2. Overview of Stock Split
    • (1)
      Method of stock split
      The stock split shall have a record date of Tuesday, March 31, 2015 and shall involve the splitting of common stocks held by shareholders whose names are recorded in the latest Registry of Shareholders on the record date at a ratio of 1:3.
    • (2)
      Number of increase in shares by stock split
      • 1)
        Total number of issued shares before stock split
        896,963,600 shares
      • 2)
        Number of increase in shares by stock split
        1,793,927,200 shares
      • 3)
        Total number of issued shares after stock split
        2,690,890,800 shares
      • 4)
        Total number of authorized shares after stock split
        4,200,000,000 shares
    • (3)
      Schedule of stock split
      • 1)
        Public notice date of the record date
        Monday, March 16, 2015
      • 2)
        Record date
        Tuesday, March 31, 2015
      • 3)
        Effective date
        Wednesday, April 1, 2015
  3. Partial Change to the Articles of Incorporation
    • (1)
      Reason for change
      In conjunction with the stock split, the Company shall revise Total Number of Authorized Shares, Article 6 of the articles of incorporation, effective April 1, 2015, in accordance with the provisions of Article 184, Paragraph 2 of the Companies Act.
    • (2)
      Description of change
      PresentProposed articles
      • Article 6
        (Total Number of Authorized Shares)
        The total number of authorized shares of the Company shall be 1,400,000,000 shares.
      • Article 6
        (Total Number of Authorized Shares)
        The total number of authorized shares of the Company shall be 4,200,000,000 shares.
    • (3)
      Schedule
      Effective date of partial change to the articles of incorporation
       
      Wednesday, April 1, 2015
  4. Others
    • (1)
      Changes in capital
      The stock split will not result in changes in capital.
    • (2)
      Dividends
      As the effective date of the stock split will be April 1, 2015, dividends for the fiscal year ending March 31, 2015―which have a record date of March 31, 2015―will be based on the number of shares prior to the stock split. The Company's projected year-ended dividends for the fiscal year ending March 31, 2015, are 80 yen per share, the same as previously projected.
    • (3)
      Shareholder Benefits

      In accordance with this stock split, the content of shareholder benefits for the fiscal year ending March 31, 2015 (to be issued in mid-June) remains the same as that announced on October 28, 2013, in the "Notice on Introduction of Special Benefit Plan for Shareholders."
      [Please refer to the Company's press release at the following URL.]
      Open link in a new windowhttp://www.kddi.com/english/co/ir/news/2013/1028/

      Any details regarding future shareholder benefits will be announced separately.

  • The information contained in the articles is current at the time of publication.
    Products, service fees, service content and specifications, contact information, and other details are subject to change without notice.