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Notice Concerning Changes to the Dividend Policy (Increase in the Target Dividend Payout Ratio and Introduction of a DOE Metric) and Revision to the Dividend Forecast for the Fiscal Year Ending September 2026

The dividend policy was revised, raising the target payout ratio from 30% to 40% and introducing DOE of 8% as a new benchmark. Accordingly, the forecast for the year-end dividend for the fiscal year ending September 2026 was increased from ¥38 to ¥50 per share.

Worth reading
75Important
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
12
Yen/share
Wording
Definitive
How definitive the wording is.

Dividend per share

Fiscal year ending September 2026
50YenRevised annual dividend per sharePrevious forecast ¥38, change ¥+12(+31.6%)
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 / Policy 40%The percentage of earnings paid out as dividends.
Dividend policy

The basic policy is to continue paying stable dividends while securing the retained earnings necessary for future business development and strengthening the management base. As the dividend benchmark, the higher of a 40% payout ratio or DOE (dividend on equity) of 8% is applied.

Dividend per share
ItemDetails
Dividend per share¥38 → ¥50(+31.6%)
Total Annual Dividends¥38 → ¥50(+31.6%)
Previous-period results (per share)Interim ¥0 / End of period ¥29 / Annual ¥29
Payout ratioCurrent Not disclosed / Policy 40%
Dividend policyThe basic policy is to continue paying stable dividends while securing the retained earnings necessary for future business development and strengthening the management base. As the dividend benchmark, the higher of a 40% payout ratio or DOE (dividend on equity) of 8% is applied.
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Fiscal Period CoveredFiscal year ending September 2026
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.

The target payout ratio was raised and DOE was introduced as a new dividend benchmark in order to pursue management that further improves capital efficiency and to achieve stable shareholder returns that are less susceptible to fluctuations in profit levels.

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 (Increase in the Target Dividend Payout Ratio and Introduction of a DOE Metric) and Revision to the Dividend Forecast for the Fiscal Year Ending September 2026 | Plus Alpha Consulting Co.,LTD. (4071) timely disclosure | Komori