Komori
Dividends1802OBAYASHI CORPORATIONConstruction and Materials

Notice Concerning the Distribution of Surplus

The company plans to increase the year-end dividend for the fiscal year ended March 2024 from the latest forecast of ¥51 per share to ¥54. Combined with the interim dividend of ¥21, the annual dividend will be ¥75, an increase of ¥33 from ¥42 in the previous fiscal year.

Worth reading
71In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
3
Yen per share
Wording
Conditional
How definitive the wording is.

Dividend per share

Fiscal year ended March 2024
75YenRevised annual dividend per sharePrevious forecast ¥72, change ¥+3(+4.2%)
Previous-period resultsPrevious forecastAfter revision

Each vertical step represents one dividend payment, and the total height of the accumulated steps represents the annual dividend for the period. For periods showing only the annual amount, the payment breakdown is not provided, so only the end point is plotted.

Dividend per shareyen¥51→¥54+5.9%
Total dividendsTotal amount payable to all shareholders¥15,078 million→38,768百万円
Whether Submission to the General Meeting of Shareholders Is RequiredScheduled to be submitted to the General Meeting of Shareholders
Record date2024年3月31日
Effective date2024年6月28日

The record date is the cutoff date for determining which persons listed in the shareholder register on that date are entitled to receive dividends.Payments begin on the effective date.

Payout ratio連結配当性向71.6%The percentage of earnings paid out as dividends.
Source of dividendsRetained earningsThe source of dividend payments. Depending on the type of surplus, the dividend may be paid from earned profits or may be closer to a return of capital.
Breakdown of Regular, Commemorative and Special Dividends普通配当:中間21円00銭、期末54円00銭。特別配当の金額はNot disclosed
Dividend policy

普通配当については、長期安定配当の維持を第一に、「自己資本配当率(DOE)5%程度」を目安とした配当を行う。普通配当に加え、特別配当や自己株式取得などの手法により、必要自己資本額と利益の状況に応じて株主還元を機動的に実施する。

Dividend per share
ItemDetails
Dividend per share¥51.00 → ¥54.00(Approximately 5.9%)
Total Annual Dividends¥72.00 → ¥75.00(約4.2%)
Previous-period results (per share)Interim ¥21.00 / End of period ¥21.00 / Annual ¥42.00
Total dividends¥15,078 million → 38,768百万円
Record date2024年3月31日
Effective date2024年6月28日
Source of dividendsRetained earnings
Breakdown of Regular, Commemorative and Special Dividends普通配当:中間21円00銭、期末54円00銭。特別配当の金額はNot disclosed
Payout ratio連結配当性向71.6%
Dividend policy普通配当については、長期安定配当の維持を第一に、「自己資本配当率(DOE)5%程度」を目安とした配当を行う。普通配当に加え、特別配当や自己株式取得などの手法により、必要自己資本額と利益の状況に応じて株主還元を機動的に実施する。
Whether Submission to the General Meeting of Shareholders Is RequiredScheduled to be submitted to the General Meeting of Shareholders
Fiscal Period CoveredFiscal year ended March 2024

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

2024年3月4日に配当方針を見直し、年間配当金の目安を自己資本配当率(DOE)5%程度へ変更したことに基づくものです。

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Concerning the Distribution of Surplus | OBAYASHI CORPORATION (1802) timely disclosure | Komori