Komori
Dividends2108Nitten Co.,Ltd.Food

Notice Regarding Changes to the Dividend Policy

The dividend policy has been changed from a standard of annual dividends of at least ¥80 per share to a standard using a dividend-on-equity (DOE) ratio of 4.0% as a guideline. The new policy will apply from the fiscal year ending March 2027.

Worth reading
74In focus
Scored from 3 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
4
Dividend on equity (DOE), %
Wording
Conditional
How definitive the wording is.

Dividend per share

Fiscal year ending March 2027 (129th fiscal year)
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Dividend policy

Dividend policy using a dividend-on-equity (DOE) ratio of 4.0% as a guideline. Applicable from the fiscal year ending March 2027 (129th fiscal year).

Dividend per share
ItemDetails
Dividend policyDividend policy using a dividend-on-equity (DOE) ratio of 4.0% as a guideline. Applicable from the fiscal year ending March 2027 (129th fiscal year).
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Fiscal Period CoveredFiscal year ending March 2027 (129th fiscal year)
Items this document does not state (9)
Dividend per shareTotal Annual DividendsPrevious-period results (per share)Total dividendsRecord dateEffective dateSource of dividendsBreakdown of Regular, Commemorative and Special DividendsPayout ratio

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 change is intended to review the level of equity capital, expand growth businesses, improve the earnings structure of core businesses, achieve ROE of 5%, and raise ROE to a medium- to long-term level of 8%. It also aims to control equity capital to improve capital efficiency and strengthen shareholder returns.

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 the Dividend Policy | Nitten Co.,Ltd. (2108) timely disclosure | Komori