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Dividends5331NORITAKE CO.,LIMITEDConstruction and Materials

Notice Regarding Revisions to the Dividend Forecast for the Fiscal Year Ending March 2027

The interim and year-end dividend forecasts for the fiscal year ending March 2027 have each been increased from ¥50 per share to ¥60 per share, raising the annual dividend forecast from ¥100 to ¥120.

Worth reading
76Important
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
20
Yen (annual dividend per share)
Wording
Conditional
How definitive the wording is.

Dividend per share

Fiscal year ending March 2027
120YenRevised annual dividend per sharePrevious forecast ¥100, change ¥+20(+20.0%)
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.

Payout ratioFull-year consolidated 35% or more (basic dividend policy)The percentage of earnings paid out as dividends.
Dividend policy

The basic policy is to continue stable dividends over the long term and maintain a full-year consolidated payout ratio of 35% or more. During the period of the 13th Medium-Term Management Plan (fiscal years ending March 2026 to March 2028), the Company will pay progressive dividends with an annual dividend floor of ¥70 per share, based on the post-stock-split basis effective 1 April 2026. Together with flexible share repurchases, the Company aims to achieve a total payout ratio of 50% or more on a cumulative three-fiscal-year basis.

Dividend per share
ItemDetails
Dividend per shareInterim ¥50 / End of period ¥50 / Annual ¥100 → Interim ¥60 / End of period ¥60 / Annual ¥120(Interim 20% / End of period 20% / Annual 20%)
Total Annual Dividends¥100 → ¥120(20%)
Previous-period results (per share)Interim ¥80 / End of period ¥100 / Annual ¥180 / Fiscal Period Covered Fiscal year ending March 2026 / Notes Actual dividend amounts before the stock split effective 1 April 2026
Payout ratioFull-year consolidated 35% or more (basic dividend policy)
Dividend policyThe basic policy is to continue stable dividends over the long term and maintain a full-year consolidated payout ratio of 35% or more. During the period of the 13th Medium-Term Management Plan (fiscal years ending March 2026 to March 2028), the Company will pay progressive dividends with an annual dividend floor of ¥70 per share, based on the post-stock-split basis effective 1 April 2026. Together with flexible share repurchases, the Company aims to achieve a total payout ratio of 50% or more on a cumulative three-fiscal-year basis.
Fiscal Period CoveredFiscal year ending March 2027
Items this document does not state (6)
Total dividendsRecord dateEffective dateSource of dividendsBreakdown of Regular, Commemorative and Special DividendsWhether Submission to the General Meeting of Shareholders Is Required

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 revisions reflect changes to the forecasts for second-quarter (interim) consolidated results and full-year consolidated results under the dividend policy of targeting a full-year consolidated payout ratio of 35% or more, progressive dividends with an annual dividend floor of ¥70, and a total payout ratio of 50% or more.

How to read this page

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Revisions to the Dividend Forecast for the Fiscal Year Ending March 2027 | NORITAKE CO.,LIMITED (5331) timely disclosure | Komori