Komori
Dividends7280MITSUBA CorporationElectrical Equipment and Precision Instruments

Notice Concerning the Partial Redemption of Class D Shares

The Board of Directors has adopted a policy of partially redeeming the Class D shares from fiscal 2026 onward, targeting at least ¥2.5 billion per fiscal year, with the aim of redeeming the total issue amount of ¥10 billion ahead of schedule. The Company has reviewed its previously contemplated redemption method and will redeem the shares in installments ahead of the original schedule.

Worth reading
83Important
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
100
Hundred millions of yen
Wording
Conditional
How definitive the wording is.

Dividend per share

Fiscal years ending March 2026 and March 2027
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Payout ratioConsolidated Aims to achieve 30% in the fiscal year ending March 2031 / Individual Not disclosedThe percentage of earnings paid out as dividends.
Breakdown of Regular, Commemorative and Special DividendsRegular dividend Not disclosed / Commemorative dividend ¥5 / Special dividend Not disclosed
Dividend policy

Based on continued investment in growth areas and the maintenance of financial soundness, the Company aims to achieve a 30% dividend payout ratio in the fiscal year ending March 2031 by continuing to enhance shareholder returns in line with profit levels. The Company has also newly established a dividend policy setting annual dividends per share at a minimum of ¥25 in order to stabilize dividend levels. For the fiscal year ending March 2027, the Company plans to increase annual dividends per share to ¥30.

Dividend per share
ItemDetails
Breakdown of Regular, Commemorative and Special DividendsRegular dividend Not disclosed / Commemorative dividend ¥5 / Special dividend Not disclosed
Payout ratioConsolidated Aims to achieve 30% in the fiscal year ending March 2031 / Individual Not disclosed
Dividend policyBased on continued investment in growth areas and the maintenance of financial soundness, the Company aims to achieve a 30% dividend payout ratio in the fiscal year ending March 2031 by continuing to enhance shareholder returns in line with profit levels. The Company has also newly established a dividend policy setting annual dividends per share at a minimum of ¥25 in order to stabilize dividend levels. For the fiscal year ending March 2027, the Company plans to increase annual dividends per share to ¥30.
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Fiscal Period CoveredFiscal years ending March 2026 and March 2027
Items this document does not state (7)
Dividend per shareTotal Annual DividendsPrevious-period results (per share)Total dividendsRecord dateEffective dateSource of dividends

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.

Profit improvement measures and structural reforms under the medium-term management plan have progressed beyond expectations, resulting in financial achievements exceeding the initial plan, including an improvement in the equity ratio and the generation of stable cash flow. The policy is also intended to improve capital efficiency and strengthen financial discipline.

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 Concerning the Partial Redemption of Class D Shares | MITSUBA Corporation (7280) timely disclosure | Komori