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Dividends5333NGK CorporationConstruction and Materials

Notice Regarding the Distribution of Surplus (Interim Dividend) and Revision to the Year-End Dividend Forecast (Increase)

The interim dividend was increased by ¥10, changed from ¥53 per share to ¥63, and the year-end dividend forecast was also revised to ¥63. As a result, the full-year dividend forecast was increased from ¥106 to ¥126.

Worth reading
83Important
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
—
How definitive the wording is.

Dividend per share

Fiscal year ending March 2027
126YenRevised annual dividend per sharePrevious forecast ¥106, change ¥+20(+18.9%)
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.

Dividend per share¥0.00¥53→¥63+18.9%
Total dividendsTotal amount payable to all shareholders¥11,048 million→¥17,739 million
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Record date30 September 2026
Effective date2 December 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.Payments begin on the effective date.

Payout ratioConsolidated At least 35% (medium-term target)The percentage of earnings paid out as dividends.
Source of dividendsRetained earningsThe source of dividend payments. Depending on the type of surplus, the dividend may be paid from earned profits or may be closer to a return of capital.
Dividend policy

In addition to managing net assets in response to changes in business risk, the company will consider linking dividends to performance, measured by ROE, over a period of approximately 3 years. It will allocate dividends with a consolidated payout ratio of at least 35% and a dividend on equity ratio of approximately 3.5% as medium-term targets, while also taking into account the outlook for cash flow and other factors.

Dividend per share
ItemDetails
Dividend per share¥53.00 → ¥63.00
Total Annual Dividends¥106.00 → ¥126.00
Previous-period results (per share)Interim 38.00 / End of period ¥42.00 / Annual ¥80.00
Total dividends¥11,048 million → ¥17,739 million
Record date30 September 2026
Effective date2 December 2026
Source of dividendsRetained earnings
Payout ratioConsolidated At least 35% (medium-term target)
Dividend policyIn addition to managing net assets in response to changes in business risk, the company will consider linking dividends to performance, measured by ROE, over a period of approximately 3 years. It will allocate dividends with a consolidated payout ratio of at least 35% and a dividend on equity ratio of approximately 3.5% as medium-term targets, while also taking into account the outlook for cash flow and other factors.
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 (1)
Breakdown 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 first-half results exceeded the plan, and full-year results are also expected to exceed the previous forecast. The decision was made after taking into account the business environment, the impact of the weaker yen, and the dividend policy of a consolidated payout ratio of at least 35%, a dividend on equity ratio of approximately 3.5%, and the outlook for cash flow.

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 the Distribution of Surplus (Interim Dividend) and Revision to the Year-End Dividend Forecast (Increase) | NGK Corporation (5333) timely disclosure | Komori