Dividend per share
Fiscal year ending March 2026Each 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.
The Company's basic policy was to distribute profits supported by earnings while considering the balance with an appropriate level of retained earnings for future business development and strengthening its management foundation.
| Item | Details |
|---|---|
| Dividend per share | ¥20.00 → ¥0.00（-100.0%） |
| Total Annual Dividends | ¥35.00 → ¥15.00（-57.1%） |
| Previous-period results (per share) | Interim ¥20.00 / End of period ¥20.00 / Annual ¥40.00 |
| Dividend policy | The Company's basic policy was to distribute profits supported by earnings while considering the balance with an appropriate level of retained earnings for future business development and strengthening its management foundation. |
| Whether Submission to the General Meeting of Shareholders Is Required | Board of directors resolution only |
| Fiscal Period Covered | Fiscal year ending March 2026 |
Items this document does not state (6)
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.Daido Steel's public tender offer price was determined on the assumption that no year-end dividend would be paid for which 31 March 2026 is the record date. The Company therefore determined that paying the dividend could adversely affect the feasibility of the public tender offer.