Komori
Dividends3771SYSTEM RESEARCH CO.,LTD.Information and Communications, Services and Others

Notice Concerning Changes to the Dividend Policy (Change in Target Dividend Payout Ratio and Introduction of Progressive Dividends) and Revision to the Dividend Forecast for the Fiscal Year Ending March 2027

The target payout ratio under the dividend policy will be raised from 40% to 50%, and progressive dividends will be introduced from the fiscal year ending March 2027 through the fiscal year ending March 2029. Accordingly, the forecast year-end dividend for the fiscal year ending March 2027 has been increased from ¥70 to ¥80 per share, and the forecast annual dividend has been increased from ¥70 to ¥80.

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
10
Yen/share
Wording
Conditional
How definitive the wording is.

Dividend per share

Fiscal year ending March 2027
80YenRevised annual dividend per sharePrevious forecast ¥70, change ¥+10(+14.3%)
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. 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 RequiredBoard of directors resolution only
Payout ratioCurrent Not disclosed / Target 50% / Category Target payout ratioThe percentage of earnings paid out as dividends.
Dividend policy

The basic dividend policy is to provide stable dividends based on a target payout ratio of 50%. During the three-year medium-term management plan period from the fiscal year ending March 2027 through the fiscal year ending March 2029, dividends will increase progressively.

Dividend per share
ItemDetails
Dividend per share¥70.00 → ¥80.00(Approximately 14.3%)
Total Annual Dividends¥70.00 → ¥80.00(Approximately 14.3%)
Previous-period results (per share)Interim ¥0.00 / End of period ¥70.00 / Annual ¥70.00
Payout ratioCurrent Not disclosed / Target 50% / Category Target payout ratio
Dividend policyThe basic dividend policy is to provide stable dividends based on a target payout ratio of 50%. During the three-year medium-term management plan period from the fiscal year ending March 2027 through the fiscal year ending March 2029, dividends will increase progressively.
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Fiscal Period CoveredFiscal 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.

To improve capital efficiency and further enhance shareholder returns while maintaining a balance between investment for future business growth 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 Concerning Changes to the Dividend Policy (Change in Target Dividend Payout Ratio and Introduction of Progressive Dividends) and Revision to the Dividend Forecast for the Fiscal Year Ending March 2027 | SYSTEM RESEARCH CO.,LTD. (3771) timely disclosure | Komori