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Notice Regarding Dividend from Surplus (Increase in Dividend)

The year-end dividend for the fiscal year ending March 2026 will be increased by ¥7, from the previous forecast of ¥48 per share to ¥55. As a result, the annual dividend will increase from ¥90 in the previous fiscal year to ¥100.

Worth reading
54Recurring
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
7
Yen/share
Wording
Conditional
How definitive the wording is.

Dividend per share

Fiscal year ending March 2026
100YenRevised annual dividend per sharePrevious forecast ¥48, change ¥+52(+14.6%)
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.

Dividend per shareyen¥48→¥55+14.6%
Total dividendsTotal amount payable to all shareholders¥3,774 million→¥4,458 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 date27 June 2025 → 26 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.

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 basic policy is to achieve stable, long-term dividends while giving full consideration to the strengthening of the corporate foundation, consolidated results and other factors.

Dividend per share
ItemDetails
Dividend per share48 yen → 55 yen(+14.6%)
Total Annual DividendsNot disclosed → 100 yen
Previous-period results (per share)Interim 45 yen / End of period 45 yen / Annual 90 yen
Total dividends¥3,774 million → ¥4,458 million
Record date31 March 2025 → 31 March 2026
Effective date27 June 2025 → 26 June 2026
Source of dividendsRetained earnings
Dividend policyThe basic policy is to achieve stable, long-term dividends while giving full consideration to the strengthening of the corporate foundation, consolidated results and other factors.
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 (2)
Breakdown 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.

This is based on the basic policy of achieving stable, long-term dividends while prioritizing the concentration of resources in growth areas and taking into consideration the strengthening of the corporate foundation and consolidated results.

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 Dividend from Surplus (Increase in Dividend) | MORINAGA MILK INDUSTRY CO.,LTD. (2264) timely disclosure | Komori