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Dividends5929Sanwa Holdings CorporationConstruction and Materials

Notice Regarding Changes to the Dividend Policy and Revision of the Year-End Dividend Forecast (Increase)

The DOE guideline was raised from 10% to 15%, and the year-end dividend forecast for the fiscal year ending March 2027 was increased from ¥73 to ¥96 per share. As a result, the annual dividend forecast will increase from ¥146 to ¥169.

Worth reading
81Important
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
23
Yen/share
Wording
Definitive
How definitive the wording is.

Dividend per share

Fiscal year ending March 2027
169YenRevised annual dividend per sharePrevious forecast ¥146, change ¥+23(+15.8%)
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¥73→¥96+31.5%
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Breakdown of Regular, Commemorative and Special DividendsPrevious forecast End of period Regular dividend 66 / Commemorative dividend 7 / Total 73 / Annual Regular dividend 132 / Commemorative dividend 14 / Total 146 / Revised forecast End of period Regular dividend 89 / Commemorative dividend 7 / Total 96 / Annual Regular dividend 155 / Commemorative dividend 14 / Total 169
Dividend policy

To provide continuous and stable dividends, DOE (dividend on equity) of 15% will be used as a guideline, as a dividend metric less susceptible to the impact of market price fluctuations. DOE of 15% (dividend on equity) = (total annual dividends / consolidated shareholders’ equity) × 100. Applicable from the year-end dividend for the fiscal year ending March 2027.

Dividend per share
ItemDetails
Dividend per share73 yen → 96 yen(+31.5%)
Total Annual Dividends146 yen → 169 yen(+15.8%)
Previous-period results (per share)Interim 62 yen / End of period 68 yen / Annual 130 yen
Breakdown of Regular, Commemorative and Special DividendsPrevious forecast End of period Regular dividend 66 / Commemorative dividend 7 / Total 73 / Annual Regular dividend 132 / Commemorative dividend 14 / Total 146 / Revised forecast End of period Regular dividend 89 / Commemorative dividend 7 / Total 96 / Annual Regular dividend 155 / Commemorative dividend 14 / Total 169
Dividend policyTo provide continuous and stable dividends, DOE (dividend on equity) of 15% will be used as a guideline, as a dividend metric less susceptible to the impact of market price fluctuations. DOE of 15% (dividend on equity) = (total annual dividends / consolidated shareholders’ equity) × 100. Applicable from the year-end dividend for the fiscal year ending March 2027.
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 (5)
Total dividendsRecord dateEffective dateSource of 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.

To provide shareholders with more proactive returns while promoting optimization of the capital structure and further improving capital efficiency. The revision to the year-end dividend forecast is due to the change in the dividend policy.

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 Changes to the Dividend Policy and Revision of the Year-End Dividend Forecast (Increase) | Sanwa Holdings Corporation (5929) timely disclosure | Komori