Komori
Dividends3697SHIFT Inc.Information and Communications, Services and Others

Notice Concerning Changes to the Capital Allocation Policy and Revisions to the Year-End Dividend Forecast (Commencement of Dividend Payments)

For the fiscal year ending August 2026, for which no dividend had previously been forecast, the year-end dividend has been changed to ¥4.10 per share, marking the first dividend payment since listing. In addition, the capital allocation policy through FY2028 has been reviewed, and a shareholder returns policy targeting a total payout ratio of 20% has been introduced.

Worth reading
68In 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
4.1
Yen per share
Wording
Conditional
How definitive the wording is.

Dividend per share

Fiscal year ending August 2026
4.1YenRevised annual dividend per sharePrevious forecast ¥0, change ¥+4.1
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.

Whether Submission to the General Meeting of Shareholders Is RequiredScheduled to be submitted to the General Meeting of Shareholders
Record date31 August 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.

Dividend policy

Of the profits generated through FY2028, 80% will be allocated to retained earnings and 20% to shareholder returns. Shareholder returns will target a total payout ratio of 20%, with half, or 10%, allocated to dividends and the remaining 10% implemented through flexible return measures such as dividends or share buybacks.

Dividend per share
ItemDetails
Dividend per share¥0.00 → ¥4.10(not disclosed (not calculable because the previous forecast was ¥0.00))
Total Annual Dividends¥0.00 → ¥4.10(not disclosed (not calculable because the previous forecast was ¥0.00))
Previous-period results (per share)Interim ¥0.00 / End of period ¥0.00 / Annual ¥0.00
Record date31 August 2026
Dividend policyOf the profits generated through FY2028, 80% will be allocated to retained earnings and 20% to shareholder returns. Shareholder returns will target a total payout ratio of 20%, with half, or 10%, allocated to dividends and the remaining 10% implemented through flexible return measures such as dividends or share buybacks.
Whether Submission to the General Meeting of Shareholders Is RequiredScheduled to be submitted to the General Meeting of Shareholders
Fiscal Period CoveredFiscal year ending August 2026
Items this document does not state (5)
Total dividendsEffective dateSource of dividendsBreakdown 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.

The company now has greater financial flexibility to balance continued growth investment with shareholder returns, as its growth options have expanded, including the ability to pursue M&A using external capital. As the AI business moves into the monetisation phase, the company will focus its management resources on full-scale expansion going forward while allocating 20% of profits to shareholder returns.

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 Concerning Changes to the Capital Allocation Policy and Revisions to the Year-End Dividend Forecast (Commencement of Dividend Payments) | SHIFT Inc. (3697) timely disclosure | Komori