System Location will increase the QUO gift-card values awarded through the March half of its shareholder benefit program. The company announced the revised schedule on September 14, leaving its September awards unchanged. [S01]

For holders of 100 to 299 shares, the March award rises from ¥500 to ¥1,000. Those with 300 to 499 shares will receive ¥5,000, up from ¥4,000. The same increase applies to holders of at least 500 shares.

The data behind the story

March QUO award values before and after revision

March record-date awards at the same shareholding bands.

JPY QUO card face value per March record

Source
System Location original announcement

March awards only. September awards remain JPY1,000, JPY5,000 and JPY10,000 across these bands. Announced terms are not measured redemptions, investment returns or investor retention.

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March QUO award values before and after revision (JPY QUO card face value per March record)
CategoryPrevious March awardNew March award
100–299 shares500 JPY QUO card face value per March record1,000 JPY QUO card face value per March record
300–499 shares4,000 JPY QUO card face value per March record5,000 JPY QUO card face value per March record
At least 500 shares4,000 JPY QUO card face value per March record5,000 JPY QUO card face value per March record

The September schedule continues to provide ¥1,000, ¥5,000 and ¥10,000 across those three share bands. Each distribution uses its respective March or September month-end shareholder register, with no minimum continuous-holding period.

Cards are enclosed with the company's shareholder communications. The change raises the smaller of the two annual distributions while preserving the September differentiation between the middle and highest tiers.

The announcement also introduces planned access to a vehicle-valuation website, reflecting System Location's underlying business. That separate benefit does not alter the gift-card redemption mechanism.

QUO's physical gift card can be used at participating retailers across Japan. [S02]