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Dividends6989HOKURIKU ELECTRIC INDUSTRY CO.,LTD.Electrical Equipment and Precision Instruments

Notice Regarding Dividend from Retained Earnings (Increase in Dividend) and Payment of an Interim Dividend

The Company has decided to increase the year-end dividend for the fiscal year ending March 2026 from the most recent forecast of ¥90 per share to ¥95 per share. It will also introduce an interim dividend from the fiscal year ending March 2027, resulting in dividend payments twice a year.

Worth reading
78Important
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
5
¥ per share
Wording
Conditional
How definitive the wording is.

Dividend per share

Fiscal year ending March 2026 (interim dividend from the fiscal year ending March 2027)
95YenRevised annual dividend per sharePrevious forecast ¥90, change ¥+5(+5.6%)
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.

Total dividendsTotal amount payable to all shareholders¥713 million→¥745 million
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Record date31 March 2026
Effective date5 June 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 ratioPolicy Approximately 35%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 DividendsRegular dividend ¥95.00
Dividend policy

The Company’s policy is to operate with the aim of satisfying both of the following targets: a dividend on equity (DOE) of at least 3.0% and a payout ratio of approximately 35%.

Dividend per share
ItemDetails
Dividend per share¥90.00 → ¥95.00(Approximately 5.6%)
Total Annual Dividends¥90.00 → ¥95.00(Approximately 5.6%)
Previous-period results (per share)Interim Not disclosed / End of period ¥90.00 / Annual ¥90.00
Total dividends¥713 million → ¥745 million
Record date31 March 2026
Effective date5 June 2026
Source of dividendsRetained earnings
Breakdown of Regular, Commemorative and Special DividendsRegular dividend ¥95.00
Payout ratioPolicy Approximately 35%
Dividend policyThe Company’s policy is to operate with the aim of satisfying both of the following targets: a dividend on equity (DOE) of at least 3.0% and a payout ratio of approximately 35%.
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Fiscal Period CoveredFiscal year ending March 2026 (interim dividend from the fiscal year ending March 2027)

The reasons the company gives

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

The year-end dividend will be increased because net income for the fiscal year ending March 2026 is expected to exceed the forecast, based on a policy targeting both a dividend on equity (DOE) of at least 3.0% and a payout ratio of approximately 35%, with the aim of improving capital efficiency. The interim dividend is being introduced to provide shareholders with more opportunities to receive returns of profits.

How to read this page

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Notice Regarding Dividend from Retained Earnings (Increase in Dividend) and Payment of an Interim Dividend | HOKURIKU ELECTRIC INDUSTRY CO.,LTD. (6989) timely disclosure | Komori