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Dividends2222Kotobuki Spirits Co.,Ltd.Food

Notice Regarding Partial Changes to the Dividend Policy (Implementation of an Interim Dividend) and Revision of the Dividend Forecast

Starting from the fiscal year ending March 2027, the Company will change from its current once-yearly year-end dividend to dividends paid twice a year, comprising an interim dividend and a year-end dividend. An interim dividend of ¥10 will be introduced, and the annual dividend forecast has been increased from ¥35 to ¥45.

Worth reading
83Important
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
10
Yen (increase in annual dividend per share)
Wording
Definitive
How definitive the wording is.

Dividend per share

Fiscal year ending March 2027
45YenRevised annual dividend per sharePrevious forecast ¥35, change ¥+10(+28.6%)
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.

Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Record date30 September 2026 (interim dividend)

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

Dividend policy

The Company's basic policy is to return profits to shareholders by comprehensively considering retained earnings, earnings levels and the dividend payout ratio, among other factors, in order to provide stable returns over the long term. In addition, under its five-year cash allocation policy covering the fiscal years from the fiscal year ended March 2026 through the fiscal year ending March 2030, the Company will remain mindful of a total payout ratio of at least 50% for shareholder returns among the uses of operating cash flow generated during the period, and will increase dividends in line with earnings growth and conduct flexible share buybacks.

Dividend per share
ItemDetails
Dividend per share35.00 Yen (annual) → 45.00 Yen (annual)(28.57%)
Total Annual Dividends35.00 yen → 45.00 yen(28.57%)
Previous-period results (per share)Interim ¥0.00 / End of period ¥35.00 / Annual ¥35.00
Record date30 September 2026 (interim dividend)
Dividend policyThe Company's basic policy is to return profits to shareholders by comprehensively considering retained earnings, earnings levels and the dividend payout ratio, among other factors, in order to provide stable returns over the long term. In addition, under its five-year cash allocation policy covering the fiscal years from the fiscal year ended March 2026 through the fiscal year ending March 2030, the Company will remain mindful of a total payout ratio of at least 50% for shareholder returns among the uses of operating cash flow generated during the period, and will increase dividends in line with earnings growth and conduct flexible share buybacks.
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Fiscal Period CoveredFiscal year ending March 2027
Items this document does not state (5)
Total dividendsEffective 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 Company will introduce an interim dividend to provide shareholders with more opportunities to receive returns of profits. In addition, based on recent earnings trends and the introduction of the interim dividend, the Company has revised its dividend forecast after comprehensively considering retained earnings, earnings levels and the dividend payout ratio.

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 Partial Changes to the Dividend Policy (Implementation of an Interim Dividend) and Revision of the Dividend Forecast | Kotobuki Spirits Co.,Ltd. (2222) timely disclosure | Komori