Seven Japanese stocks to split shares at the end of July
ARTNER, Sumitomo Mitsui Trust Group and Eternal Hospitality are among seven Tokyo-listed companies carrying out stock splits in late July 2026.
Japan’s stock market will once again see a busy round of stock splits at the end of July 2026, with seven Tokyo Stock Exchange-listed companies scheduled to split their shares. Stock splits increase the number of shares outstanding while proportionally reducing the share price, making shares more affordable without changing a company’s market value. Notably, several companies with relatively modest share prices are also carrying out splits, including ARTNER, M-mart and NIRECO.
Key points in this article
Seven Japanese companies will carry out stock splits at the end of July 2026.
Sumitomo Mitsui Trust Group and NITCHO will execute the largest 1-for-4 splits.
ARTNER risks losing its Dividend Hero status after a 2.4% dividend increase.
Several relatively low-priced stocks, including M-mart, ARTNER and NIRECO, are also splitting their shares.
Last month no less than 30 shares did a stock split
The largest split in terms of market prominence comes from Sumitomo Mitsui Trust Group (8309), one of Japan’s leading trust banks. The shares trade at 6,734 yen (July 21) and will undergo a 1-for-4 split. The bank has built an impressive dividend growth record in recent years, with average dividend growth of roughly 30% annually over the last two years. The current dividend yield stands at 2.9%.
ARTNER (2163), an engineering staffing and technical outsourcing specialist, trades at 2,004 yen and will complete a 1-for-2 split. The company has been a Dividend Hero, but its dividend increase for fiscal 2026 was just 2.4%, meaning it is expected to lose its Dividend Hero status in 2027. The shares have also been under pressure, pushing the dividend yield up to 4.2%.
Eternal Hospitality Group (3193), formerly known as Torikizoku Holdings, operates restaurant chains in Japan and has also expanded into the United States with several yakitori restaurant concepts. The shares trade at 2,927 yen and will split 1-for-2. The company has raised its dividend significantly in recent years and currently trades at a forward P/E of around 17 with a 1.6% dividend yield.
Another restaurant operator, ASAKUMA (7678), trades at 6,550 yen and will also split 1-for-2. Unlike the other companies in this group, ASAKUMA does not pay a dividend. The shares have nevertheless performed strongly, gaining around 35% year-to-date and trading close to an all-time high.
NIRECO (6863), a manufacturer of industrial measuring and control equipment, trades at 2,696 yen and will complete a 1-for-3 stock split. The company reduced its dividend by more than 6% this year, making its decision to split the shares despite the relatively low share price particularly notable.
M-mart (4380), which operates a business-to-business online marketplace for the food industry, trades at 1,199 yen and will carry out a 1-for-2 split, making it one of the lowest-priced stocks in this group to split its shares.
The remaining company is NITCHO Corporation (2961), a food-related business whose shares trade at 6,310 yen. NITCHO will execute one of the largest splits in this round with a 1-for-4 ratio.
Stock splits remain a common feature of the Japanese market, particularly as companies seek to improve liquidity and broaden access for retail investors. The latest batch also highlights that Japanese companies continue to announce splits across a wide range of sectors, from financial services and industrial technology to restaurants and food distribution, even when some of the shares already trade at relatively modest price levels.
Last month (At the end of June 2026) a total of 30 stocks did a stock split in Japan, including Dividend Aristocrat KAO Corporation. As a result you can now invest in Kao (with a minimum 100 shares purchase) for 3,270 yen.
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