G-Next has announced it will scrap its shareholder benefit program. Previously, shareholders holding 500 shares or more as of the end of March each year received an original gift set worth 10,000 yen from its VoX Live service, but the program will end after the March 2026 distribution. The company cited as reasons for the termination a focus on strengthening its earnings base and achieving profitability under its medium-term management plan, followed by prioritizing shareholder returns through dividend payments, and directing limited management resources toward growth investments and financial base reinforcement. It also aims to ensure fair profit returns to all shareholders by unifying returns into cash dividends. Following the announcement, the stock briefly fell to 320 yen in SBI Securities' after-hours trading, down 20 yen from the day's closing price of 340 yen.
G-NEXT, Inc.Company scraps shareholder benefit program, shifting to cash dividends, which disappointed investors and caused stock to fall in after-hours trading.