Worth reading
72In focus
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
5
Yen per share (increase in annual dividend forecast)Wording
Conditional
How definitive the wording is.Dividend per share
Fiscal year ending March 202765YenRevised annual dividend per sharePrevious forecast ¥60, change ¥+5（+8.3%）
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.
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Payout ratioPolicy Targeting a consolidated dividend payout ratio of 30%. Following the change, targeting the higher of a consolidated dividend payout ratio of 30% or a DOE of 4.0%. / Current Actual Results Not disclosedThe percentage of earnings paid out as dividends.
Dividend policy
The Company will pay dividends on an ongoing basis, targeting the higher of a consolidated dividend payout ratio of 30% or a DOE of 4.0%.
| Item | Details |
|---|---|
| Dividend per share | Interim ¥10.00 / End of period ¥50.00 / Total ¥60.00 → Interim ¥15.00 / End of period ¥50.00 / Total ¥65.00（Interim 50.0% / End of period 0.0% / Total Approximately 8.3%） |
| Total Annual Dividends | ¥60.00 → ¥65.00（Approximately 8.3%） |
| Previous-period results (per share) | Interim ¥15.00 / End of period ¥45.00 / Annual ¥60.00 |
| Payout ratio | Policy Targeting a consolidated dividend payout ratio of 30%. Following the change, targeting the higher of a consolidated dividend payout ratio of 30% or a DOE of 4.0%. / Current Actual Results Not disclosed |
| Dividend policy | The Company will pay dividends on an ongoing basis, targeting the higher of a consolidated dividend payout ratio of 30% or a DOE of 4.0%. |
| Whether Submission to the General Meeting of Shareholders Is Required | Board of directors resolution only |
| Fiscal Period Covered | Fiscal year ending March 2027 |
Items this document does not state (5)
Total dividendsRecord dateEffective dateSource of dividendsBreakdown 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.DOE (dividend on equity ratio based on consolidated shareholders’ equity) will be introduced as a new metric to provide more stable returns to shareholders while maintaining a focus on capital efficiency.
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.