Komori
Dividends1938NIPPON RIETEC CO.,LTD.Construction and Materials

Notice Regarding Changes to Shareholder Return Metrics and the Introduction of an Interim Dividend System

The DOE target will be raised from 3.2% to 3.6%, and the regular dividend for the fiscal year ending March 2027 is expected to be ¥97 per share, including an interim dividend of ¥47. Subject to approval at the Annual General Meeting of Shareholders, an interim dividend system will also be introduced.

Worth reading
79Important
Scored from 3 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
15
Dividend increase (yen per share)
Wording
Avoiding a definitive answer
How definitive the wording is.

Dividend per share

Fiscal year ending March 2027
97YenDividend per share for this transaction
Whether Submission to the General Meeting of Shareholders Is RequiredScheduled to be submitted to the General Meeting of Shareholders
Record date30 September each year (applicable from the dividend of surplus for which the record date is 30 September 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.

Payout ratioFigures 40% / Category Not disclosedThe percentage of earnings paid out as dividends.
Breakdown of Regular, Commemorative and Special DividendsRegular dividend ¥97 (including an interim dividend of ¥47) / Commemorative dividend Not disclosed / Special dividend Not disclosed
Dividend policy

The Company regards the return of profits to shareholders as a key management priority and aims to enhance shareholder returns and improve capital efficiency through the continued payment of stable dividends and flexible share repurchases. To achieve stable and progressive dividends that are not affected by short-term business performance, the Company adopts DOE (dividend on equity) as its shareholder return metric. The DOE target is 3.6% (9% ROE × 40% payout ratio).

Dividend per share
ItemDetails
Dividend per shareNot disclosed → ¥97 (regular dividend, including an interim dividend of ¥47)
Total Annual DividendsNot disclosed → ¥97
Record date30 September each year (applicable from the dividend of surplus for which the record date is 30 September 2026)
Breakdown of Regular, Commemorative and Special DividendsRegular dividend ¥97 (including an interim dividend of ¥47) / Commemorative dividend Not disclosed / Special dividend Not disclosed
Payout ratioFigures 40% / Category Not disclosed
Dividend policyThe Company regards the return of profits to shareholders as a key management priority and aims to enhance shareholder returns and improve capital efficiency through the continued payment of stable dividends and flexible share repurchases. To achieve stable and progressive dividends that are not affected by short-term business performance, the Company adopts DOE (dividend on equity) as its shareholder return metric. The DOE target is 3.6% (9% ROE × 40% payout ratio).
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 2027
Items this document does not state (4)
Previous-period results (per share)Total dividendsEffective dateSource of 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.

In the fiscal year ended March 2026, the Company achieved its Medium-Term Management Plan 2027 target of 8% ROE two years ahead of schedule. Accordingly, the ROE target will be raised from 8% to 9%, and the DOE target will be changed from 3.2% to 3.6%. The interim dividend system is intended to provide shareholders with more opportunities to receive returns of profits.

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 Regarding Changes to Shareholder Return Metrics and the Introduction of an Interim Dividend System | NIPPON RIETEC CO.,LTD. (1938) timely disclosure | Komori