Komori
Dividends5334Niterra Co.,Ltd.Construction and Materials

Notice Regarding Changes to the Shareholder Return Policy, Dividends of Surplus (Interim Dividend) and Revision of the Year-End Dividend Forecast

The shareholder return policy was changed from a combination of stable dividends with a DOE of approximately 4% as a floor and performance-linked dividends with a payout ratio of approximately 10% to a policy targeting a DOE of approximately 6% through the fiscal year ending March 2030. Accordingly, the interim dividend was set at ¥119 per share, and the year-end dividend forecast was raised to ¥59.50 per share, with the annual dividend forecast raised to ¥238 on a pre-stock-split basis.

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
14
Yen per share
Wording
Conditional
How definitive the wording is.

Dividend per share

Fiscal year ending March 2027
238YenRevised annual dividend per sharePrevious forecast ¥210, change ¥+28(+13.3%)
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.

Dividend per shareYen per share¥105→¥119+13.3%
Total dividendsTotal amount payable to all shareholders¥18.499 billion→¥23.217 billion
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Record date30 September 2026
Effective date30 November 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.

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

During the medium-term management plan through the fiscal year ending March 2030, the dividend policy will target stable dividends with a dividend-on-equity ratio attributable to owners of the parent (DOE) of approximately 6%. The portion exceeding the appropriate capital level will be allocated to shareholder returns, including share repurchases.

Dividend per share
ItemDetails
Dividend per share¥105.00 → ¥119.00(13.33%)
Total Annual Dividends¥210.00 (on a pre-stock-split basis) → ¥238.00 (on a pre-stock-split basis)(13.33%)
Previous-period results (per share)Interim ¥93.00 / End of period ¥112.00 / Annual ¥205.00
Total dividends¥18.499 billion → ¥23.217 billion
Record date30 September 2026
Effective date30 November 2026
Source of dividendsRetained earnings
Dividend policyDuring the medium-term management plan through the fiscal year ending March 2030, the dividend policy will target stable dividends with a dividend-on-equity ratio attributable to owners of the parent (DOE) of approximately 6%. The portion exceeding the appropriate capital level will be allocated to shareholder returns, including share repurchases.
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 (2)
Breakdown 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 aims to further enhance shareholder returns with a focus on capital efficiency while pursuing management that takes into account the cost of capital and share price and maintaining a stable financial foundation. In line with the revised policy, the annual dividend will be increased by ¥28 from the previous forecast on a pre-stock-split basis, and the interim dividend will be increased by ¥14 from the previous forecast.

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 Changes to the Shareholder Return Policy, Dividends of Surplus (Interim Dividend) and Revision of the Year-End Dividend Forecast | Niterra Co.,Ltd. (5334) timely disclosure | Komori