#Japan #Shareholder Returns #Shibuya #Convano #FASTNAIL

Convano's Shift in Shareholder Strategy

Convano Inc., based in Shibuya, Tokyo and led by President Ayaka Kamikyu, has made a significant decision to discontinue its shareholder reward program. At a board meeting scheduled for August 24, 2026, the firm will implement changes intended to improve equity and capital efficiency for all shareholders.

Review of Shareholder Benefits

The company has been reevaluating how it delivers shareholder returns. The current loyalty rewards system, which provided benefits solely to shareholders holding over 1,000 shares, had limitations, with an annual allocation of approximately 23 million yen. Moving forward, Convano seeks to create a more balanced and efficient shareholder return strategy based on broader inclusivity through dividends and stock buybacks rather than targeted rewards.

Discontinuation of Rewards Program

Until now, the company offered rewards that included Bitcoin and free FASTNAIL service vouchers for shareholders. These incentives were tied to the number of shares held, ranging from 15,000 yen to 75,000 yen for those owning 1,000 shares or more, particularly in the expanded format initiated on March 23, 2026. However, with the upcoming changes, this program will be terminated.

Although this shift means the end of such programs, Convano assures that the final round of benefits tied to the shareholder registry as of September 30, 2026, will proceed as planned, offering rewards based on the number of shares held prior to the company's consolidation, effective November 1, 2026.

Financial Implications

The end of the rewards program is expected to lead to annual savings of around 23 million yen beginning in 2027, although the overall impact on the company's consolidated performance is expected to be minimal. By transitioning to a framework that emphasizes dividends and stock repurchases, Convano aims to enhance fairness and value for all shareholders, irrespective of their shareholdings.

About Convano Inc.

Founded with the mission of "Creation Of New Value And New Opportunities," Convano specializes in AI, digital transformation (DX), and consulting services aimed at facilitating growth and operational transformation for businesses. With a wealth of operational knowledge and data utilization expertise, Convano supports AI system development, DX initiatives, and management consulting, while also expanding into new sectors such as healthcare. Alongside its consulting operations, the company operates the nail service chain FASTNAIL, leveraging insights gathered from practical ventures to strengthen its market position.

Company Details

• - Business Areas: AI & DX solutions, consulting, healthcare, investment and advisory services, FASTNAIL nail service chain operation.
• - Corporate Website: Convano Inc.

Convano's approach reflects a broader trend among companies striving for inclusivity and enhanced efficiency in shareholder returns, adapting to modern expectations in corporate governance. With these changes, Convano sets a precedent for fairness, ensuring all shareholders can benefit from the company's success, not just those with larger stakes.