Komori
Dividends2501SAPPORO BREWERIES LIMITEDFood

Notice Regarding Changes to the Shareholder Return Policy (Raising the DOE Target to 5% or Higher and Introducing Progressive Dividends)

The 2030 DOE target will be raised from the previous level of 4% or higher to 5% or higher, and a progressive dividend policy will be introduced to maintain or increase the dividend per share during the plan period. In addition, policies on share repurchases and the enhancement of shareholder benefits have been decided.

Worth reading
85Important
Scored from 3 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
1
Percentage-point increase in DOE target
Wording
Conditional
How definitive the wording is.

Dividend per share

Total dividendsTotal amount payable to all shareholdersTotal dividends during the period covered by the new management plan are expected to be approximately ¥80 billion.
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Dividend policy

The 2030 DOE target will be raised from the previous level of 4% or higher to 5% or higher. During the period covered by the new management plan, a progressive dividend policy will be introduced to maintain or increase the dividend per share.

Dividend per share
ItemDetails
Total dividendsNot disclosed → Total dividends during the period covered by the new management plan are expected to be approximately ¥80 billion.
Dividend policyThe 2030 DOE target will be raised from the previous level of 4% or higher to 5% or higher. During the period covered by the new management plan, a progressive dividend policy will be introduced to maintain or increase the dividend per share.
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Items this document does not state (9)
Dividend per shareTotal Annual DividendsPrevious-period results (per share)Record dateEffective dateSource of dividendsBreakdown of Regular, Commemorative and Special DividendsPayout ratioFiscal Period Covered

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.

To strengthen the stable and sustainable return of profits and pursue further enhancement of corporate value and expansion of shareholder returns under the new management plan. The purpose of the share repurchase policy is to improve capital efficiency by achieving an appropriate level of capital.

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 Shareholder Return Policy (Raising the DOE Target to 5% or Higher and Introducing Progressive Dividends) | SAPPORO BREWERIES LIMITED (2501) timely disclosure | Komori