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Dividends5929Sanwa Holdings CorporationConstruction and Materials

Notice Regarding Changes to the Dividend Policy and a Commemorative Dividend

The dividend policy will be changed from a target DOE of 8% based on equity to a target DOE of 10% based on shareholders’ equity. To commemorate the company’s 70th anniversary, a commemorative dividend of ¥14 per share will be added for the fiscal year ending March 2027, bringing the annual dividend forecast to ¥146 per share.

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

Dividend per share

Fiscal year ending March 2027
146YenDividend per share for this transactionPrior-year result ¥130, change ¥+16
Previous-period resultsCurrent

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.

Breakdown of Regular, Commemorative and Special DividendsEnd of the second quarter of the fiscal year ending March 2027 Ordinary dividend: ¥66; commemorative dividend: ¥7 (total: ¥73) / Year-end, fiscal year ending March 2027 Ordinary dividend: ¥66; commemorative dividend: ¥7 (total: ¥73) / Annual Ordinary dividend: ¥132; commemorative dividend: ¥14 (total: ¥146)
Dividend policy

The company aims to provide stable dividends with a target DOE (dividend on shareholders’ equity) of 10%. DOE is calculated as (total annual dividends / consolidated shareholders’ equity) × 100.

Dividend per share
ItemDetails
Dividend per shareNot disclosed → ¥146 (annual)
Total Annual DividendsNot disclosed → ¥146
Previous-period results (per share)Interim ¥62 / End of period ¥68 / Annual ¥130
Breakdown of Regular, Commemorative and Special DividendsEnd of the second quarter of the fiscal year ending March 2027 Ordinary dividend: ¥66; commemorative dividend: ¥7 (total: ¥73) / Year-end, fiscal year ending March 2027 Ordinary dividend: ¥66; commemorative dividend: ¥7 (total: ¥73) / Annual Ordinary dividend: ¥132; commemorative dividend: ¥14 (total: ¥146)
Dividend policyThe company aims to provide stable dividends with a target DOE (dividend on shareholders’ equity) of 10%. DOE is calculated as (total annual dividends / consolidated shareholders’ equity) × 100.
Fiscal Period CoveredFiscal year ending March 2027
Items this document does not state (6)
Total dividendsRecord dateEffective dateSource of dividendsPayout ratioWhether 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.

To provide continuous and stable dividends, the basis for calculating DOE will be changed from equity to shareholders’ equity, which is less susceptible to market price fluctuations and more closely reflects the company’s actual condition, and the target level will be raised from 8% to 10%. The commemorative dividend will be paid to express appreciation to shareholders on the occasion of the company’s 70th anniversary and to further enhance shareholder returns.

How to read this page

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Notice Regarding Changes to the Dividend Policy and a Commemorative Dividend | Sanwa Holdings Corporation (5929) timely disclosure | Komori