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Dividends6457GLORY LTD.Machinery

Notice Regarding Changes to the “Basic Policy on Profit Allocation” (Increase in the DOE Target)

The DOE (dividend on equity) target applicable to the fiscal year ending March 2027 has been raised from the previous target of 3% or higher to 4% or higher. The Company has also added a policy of further increasing DOE during the period covered by its next medium-term management plan.

Worth reading
63In focus
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
1
percentage points (DOE target: from 3% or higher to 4% or higher)
Wording
Conditional
How definitive the wording is.

Dividend per share

Fiscal year ending March 2027
154YenDividend per share for this transactionPrior-year result ¥112, change ¥+42
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.

Dividend policy

While investing in future business growth and maintaining and strengthening its financial position, the Company will continue to pay stable dividends. It targets progressive dividends based on the dividend amount for the fiscal year ended March 2024 (an annual dividend of ¥106 per share), a dividend on equity (DOE) of 4% or higher, and a total payout ratio of 100% or higher for the fiscal years ending March 2026 and March 2027. During the period covered by its next medium-term management plan, the Company aims to further increase DOE.

Dividend per share
ItemDetails
Dividend per shareNot disclosed → ¥154
Total Annual DividendsNot disclosed → ¥154
Previous-period results (per share)Interim ¥56 / End of period ¥56 / Annual ¥112
Dividend policyWhile investing in future business growth and maintaining and strengthening its financial position, the Company will continue to pay stable dividends. It targets progressive dividends based on the dividend amount for the fiscal year ended March 2024 (an annual dividend of ¥106 per share), a dividend on equity (DOE) of 4% or higher, and a total payout ratio of 100% or higher for the fiscal years ending March 2026 and March 2027. During the period covered by its next medium-term management plan, the Company aims to further increase DOE.
Fiscal Period CoveredFiscal year ending March 2027
Items this document does not state (7)
Total dividendsRecord dateEffective dateSource of dividendsBreakdown of Regular, Commemorative and Special 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 place even greater emphasis on the stability and continuity of shareholder returns and improve capital efficiency. In addition, overseas markets continue to expand, revenue and operating profit for the fiscal year ended March 2026 reached record highs, and growth is expected to continue in the fiscal year ending March 2027.

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Notice Regarding Changes to the “Basic Policy on Profit Allocation” (Increase in the DOE Target) | GLORY LTD. (6457) timely disclosure | Komori