Komori
Dividends1882TOA ROAD CORPORATIONConstruction and Materials

Notice Concerning Dividend of Surplus for the Fiscal Year Ending March 2026

The company has decided to pay a year-end dividend of ¥45 per share for the fiscal year ending March 2026. This is in line with the latest forecast, but represents a ¥45 decrease from the ¥90 year-end dividend for the previous fiscal year. Combined with the ¥45 interim dividend, the annual dividend will be ¥90, unchanged from the previous fiscal year.

Worth reading
83Important
Scored from 4 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-45
Yen (per share, vs previous fiscal year actual)
Wording
Definitive
How definitive the wording is.

Dividend per share

Fiscal year ending March 2026
90YenRevised annual dividend per sharePrevious forecast ¥90, change ¥0(0.0%)
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¥45→¥450.0%
Total dividendsTotal amount payable to all shareholders¥4,165 million→¥2,079 million
Whether Submission to the General Meeting of Shareholders Is RequiredScheduled to be submitted to the General Meeting of Shareholders
Record date31 March 2025 → 31 March 2026
Effective date30 June 2025 → 29 June 2026

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 ratio121.2% (consolidated or non-consolidated basis not specified)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.
Dividend policy

The company will continue to actively return profits and seek to improve capital efficiency while providing stable shareholder returns. Its policy is to use a 100% payout ratio as the standard and target shareholder returns based on DOE of 8%.

Dividend per share
ItemDetails
Dividend per share¥45.00 → ¥45.00(0%)
Total Annual Dividends¥90.00 → ¥90.00(0%)
Previous-period results (per share)Interim Not disclosed / End of period ¥90.00 / Annual ¥90.00
Total dividends¥4,165 million → ¥2,079 million
Record date31 March 2025 → 31 March 2026
Effective date30 June 2025 → 29 June 2026
Source of dividendsRetained earnings
Payout ratio121.2% (consolidated or non-consolidated basis not specified)
Dividend policyThe company will continue to actively return profits and seek to improve capital efficiency while providing stable shareholder returns. Its policy is to use a 100% payout ratio as the standard and target shareholder returns based on DOE of 8%.
Whether Submission to the General Meeting of Shareholders Is RequiredScheduled to be submitted to the General Meeting of Shareholders
Fiscal Period CoveredFiscal year ending March 2026
Items this document does not state (1)
Breakdown of Regular, Commemorative and Special Dividends

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

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

The company explained that revenue and profit declined in the fiscal year ending March 2026. At the same time, it stated that the annual dividend was set at ¥90, in line with the initial forecast, including the interim dividend, based on its policy of using a 100% payout ratio as the standard and providing shareholder returns targeting DOE of 8%.

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 Dividend of Surplus for the Fiscal Year Ending March 2026 | TOA ROAD CORPORATION (1882) timely disclosure | Komori