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Dividends3443KAWADA TECHNOLOGIES,INC.Construction and Materials

Notice Regarding Changes to the Shareholder Return Policy

For the period covered by the medium-term management plan from FY2026 through FY2028, the Company set a target total payout ratio, including share repurchases, of 50% (three-year average). In addition, the annual dividend per share floor was set at ¥35 on a post-stock-split basis.

Worth reading
85Important
Scored from 3 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
50
Total payout ratio (three-year average) (%)
Wording
Definitive
How definitive the wording is.

Dividend per share

Applicable from the fiscal year ending March 2027
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Payout ratioConsolidated Approximately 30% (policy target) / Individual Not disclosedThe percentage of earnings paid out as dividends.
Dividend policy

The Company will exclude gains and losses arising from non-recurring special factors from net income attributable to owners of the parent and continue to pay stable dividends, targeting a consolidated dividend payout ratio of approximately 30%. During the period covered by the Fourth Medium-Term Management Plan, the Company will target a total payout ratio of 50% (three-year average) and set the annual dividend per share floor at ¥35 for the plan period.

Dividend per share
ItemDetails
Payout ratioConsolidated Approximately 30% (policy target) / Individual Not disclosed
Dividend policyThe Company will exclude gains and losses arising from non-recurring special factors from net income attributable to owners of the parent and continue to pay stable dividends, targeting a consolidated dividend payout ratio of approximately 30%. During the period covered by the Fourth Medium-Term Management Plan, the Company will target a total payout ratio of 50% (three-year average) and set the annual dividend per share floor at ¥35 for the plan period.
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Fiscal Period CoveredApplicable from the fiscal year ending March 2027
Items this document does not state (8)
Dividend per shareTotal Annual DividendsPrevious-period results (per share)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.

To demonstrate its commitment to returning further profits to shareholders, the Company will adopt a shareholder return policy for the period covered by the Fourth Medium-Term Management Plan that targets a consolidated dividend payout ratio of approximately 30% and a total payout ratio, including share repurchases, of 50% (three-year average).

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 | KAWADA TECHNOLOGIES,INC. (3443) timely disclosure | Komori