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Dividends3513ICHIKAWA CO.,LTD.Materials and Chemicals

Notice Regarding Changes to the Dividend Policy

From the fiscal year ending March 2027 onward, the dividend policy was changed from the previous policy of using a payout ratio of at least 30% as a benchmark to a policy of setting dividends with a target DOE (consolidated shareholders' equity payout ratio) of 2.5% during the medium-term management plan period from FY2026 through FY2030. Dividends will also be determined based on business performance, financial position and other factors.

Worth reading
79Important
Scored from 3 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
2.5
DOE (consolidated shareholders' equity payout ratio) (%)
Wording
Conditional
How definitive the wording is.

Dividend per share

Fiscal year ending March 2027 onward
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Payout ratioAt least 30% of consolidated net income per share → Target DOE (consolidated shareholders' equity payout ratio) of 2.5%, taking the payout ratio into considerationThe percentage of earnings paid out as dividends.
Dividend policy

During the medium-term management plan period from FY2026 through FY2030, the Company will pay dividends with a target DOE (consolidated shareholders' equity payout ratio) of 2.5%, taking the payout ratio into consideration, and will determine the dividends comprehensively based on business performance trends, financial position and other factors.

Dividend per share
ItemDetails
Payout ratioAt least 30% of consolidated net income per share → Target DOE (consolidated shareholders' equity payout ratio) of 2.5%, taking the payout ratio into consideration
Dividend policyDuring the medium-term management plan period from FY2026 through FY2030, the Company will pay dividends with a target DOE (consolidated shareholders' equity payout ratio) of 2.5%, taking the payout ratio into consideration, and will determine the dividends comprehensively based on business performance trends, financial position and other factors.
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Fiscal Period CoveredFiscal year ending March 2027 onward
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 achieve management that is conscious of the cost of capital and share price, while ensuring stable shareholder returns and improving capital efficiency. The Company will also consider the balance with growth investment, human capital investment, business performance trends and financial soundness.

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 Dividend Policy | ICHIKAWA CO.,LTD. (3513) timely disclosure | Komori