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Dividends6856HORIBA,Ltd.Electrical Equipment and Precision Instruments

Notice Regarding the Payment of a Dividend from Retained Earnings (Interim Dividend) and Revision of the Dividend Forecast

The Company has decided to pay an interim dividend of ¥150 per share, with 30 June 2026 as the record date. The annual dividend forecast has been increased from the previous forecast of ¥490 to ¥790, and revised to include a special dividend and a commemorative dividend.

Worth reading
86Important
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
300
¥ per share (increase in annual dividend forecast)
Wording
Definitive
How definitive the wording is.

Dividend per share

Fiscal year ending December 2026
790YenRevised annual dividend per sharePrevious forecast ¥490, change ¥+300(+61.2%)
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 share¥¥150→¥1500.0%
Total dividendsTotal amount payable to all shareholders¥3,359 million→¥6,303 million
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Record date30 June 2025 → 30 June 2026
Effective date1 September 2025 → 31 August 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.

Payout ratioTarget of 30% of consolidated net income (target to be changed to 40% from the fiscal year ending December 2027)The percentage of earnings paid out as dividends.
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.
Breakdown of Regular, Commemorative and Special DividendsRevised forecast Year-end ordinary dividend ¥210 / Year-end special dividend ¥190 / Year-end commemorative dividend ¥240 / Annual ordinary dividend ¥360 / Annual special dividend ¥190 / Annual commemorative dividend ¥240
Dividend policy

The target payout ratio is 30% of consolidated net income, while the Company will comprehensively consider investment opportunities, its funding position and other factors, and flexibly implement special dividends and share repurchases. From the fiscal year ending December 2027, the target payout ratio will be changed to 40% of consolidated net income.

Dividend per share
ItemDetails
Dividend per share¥150 → ¥150(0.0%)
Total Annual Dividends¥490 → ¥790(+61.2%)
Previous-period results (per share)Interim ¥80 / End of period ¥370 / Annual ¥450
Total dividends¥3,359 million → ¥6,303 million
Record date30 June 2025 → 30 June 2026
Effective date1 September 2025 → 31 August 2026
Source of dividendsRetained earnings
Breakdown of Regular, Commemorative and Special DividendsRevised forecast Year-end ordinary dividend ¥210 / Year-end special dividend ¥190 / Year-end commemorative dividend ¥240 / Annual ordinary dividend ¥360 / Annual special dividend ¥190 / Annual commemorative dividend ¥240
Payout ratioTarget of 30% of consolidated net income (target to be changed to 40% from the fiscal year ending December 2027)
Dividend policyThe target payout ratio is 30% of consolidated net income, while the Company will comprehensively consider investment opportunities, its funding position and other factors, and flexibly implement special dividends and share repurchases. From the fiscal year ending December 2027, the target payout ratio will be changed to 40% of consolidated net income.
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Fiscal Period CoveredFiscal year ending December 2026

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The Company will pay a commemorative dividend of ¥240 per share to express its appreciation to shareholders following the market capitalization of its shares exceeding ¥1 trillion in May 2026. In addition, in light of the upward revision to the earnings outlook for the fiscal year, the ordinary dividend forecast has been increased by ¥60. At the same time, from the fiscal year ending December 2027, the target payout ratio will be changed from 30% to 40% of consolidated net income.

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Notice Regarding the Payment of a Dividend from Retained Earnings (Interim Dividend) and Revision of the Dividend Forecast | HORIBA,Ltd. (6856) timely disclosure | Komori