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Dividends7460YAGI & CO.,LTD.Trading & Wholesale

Notice Concerning Changes to the Shareholder Return Policy (Introduction of a Total Payout Ratio and Change in the Dividend Payout Ratio)

The shareholder return policy will be revised by introducing a new guideline targeting a total payout ratio of 70% and raising the dividend payout ratio target from 35% or more to 40% or more. The policy also calls for flexible share buybacks, with an aggregate amount of approximately ¥4 billion over 3 years envisaged.

Worth reading
78Important
Scored from 3 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
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Wording
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Dividend per share

Applicable from the fiscal year ending March 2027
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Payout ratio35% or more → At least 40%The percentage of earnings paid out as dividends.
Dividend policy

The basic policy is to return profits while balancing the continuation of stable dividends with the need to retain sufficient internal funds for investment aimed at sustainable future growth and for strengthening the management foundation. Returns will be made based on a target total payout ratio of 70%, a dividend payout ratio of 40% or more, and flexible share buybacks, with an aggregate amount of approximately ¥4 billion over 3 years envisaged.

Dividend per share
ItemDetails
Payout ratio35% or more → At least 40%
Dividend policyThe basic policy is to return profits while balancing the continuation of stable dividends with the need to retain sufficient internal funds for investment aimed at sustainable future growth and for strengthening the management foundation. Returns will be made based on a target total payout ratio of 70%, a dividend payout ratio of 40% or more, and flexible share buybacks, with an aggregate amount of approximately ¥4 billion over 3 years envisaged.
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Fiscal Period CoveredApplicable from the fiscal year ending March 2027
Items this document does not state (8)
Dividend per shareTotal Annual DividendsPrevious-period results (per share)Total dividendsRecord dateEffective dateSource of dividendsBreakdown of Regular, Commemorative and Special 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.

The changes are intended to further improve capital efficiency, clarify the Company's commitment to shareholder returns, and strengthen the proactive and flexible distribution of profits.

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 Changes to the Shareholder Return Policy (Introduction of a Total Payout Ratio and Change in the Dividend Payout Ratio) | YAGI & CO.,LTD. (7460) timely disclosure | Komori