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Dividends7472TOBA,INC.Trading & Wholesale

Notice Regarding Changes to the Basic Policy on Shareholder Returns (Introduction of DOE as an Indicator) and Revisions to the Dividend Forecast (Dividend Increase)

The shareholder return policy has been changed, with a DOE of at least 2.0% and a consolidated payout ratio of at least 50% set as the new benchmarks. Accordingly, the forecast year-end dividend for the fiscal year ending March 2027 has been increased from ¥120 to ¥160 per share.

Worth reading
82Important
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
40
¥ per share
Wording
Definitive
How definitive the wording is.

Dividend per share

the fiscal year ending March 2027
160YenRevised annual dividend per sharePrevious forecast ¥120, change ¥+40(+33.3%)
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.

Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Payout ratioConsolidated Target value under the policy of a consolidated payout ratio of at least 50%. Actual payout ratio for the current dividend: Not disclosedThe percentage of earnings paid out as dividends.
Breakdown of Regular, Commemorative and Special DividendsBreakdown of the current forecast: Not disclosed. Previous fiscal year's actual results: regular dividend of ¥130.00 and commemorative dividend of ¥20.00.
Dividend policy

The DOE (consolidated dividend on equity ratio) will have a floor of 2.0%, and the consolidated payout ratio will be at least 50%. In addition, the company will respond flexibly to indirect shareholder returns, including share repurchases.

Dividend per share
ItemDetails
Dividend per share¥120 0.00 → ¥160 0.00(+33.3%)
Total Annual Dividends¥120 0.00 → ¥160 0.00(+33.3%)
Previous-period results (per share)Interim ¥0 0.00 / End of period ¥150 0.00 / Period-end breakdown Regular dividend 130 / Commemorative dividend 20 / Annual ¥150 0.00
Breakdown of Regular, Commemorative and Special DividendsBreakdown of the current forecast: Not disclosed. Previous fiscal year's actual results: regular dividend of ¥130.00 and commemorative dividend of ¥20.00.
Payout ratioConsolidated Target value under the policy of a consolidated payout ratio of at least 50%. Actual payout ratio for the current dividend: Not disclosed
Dividend policyThe DOE (consolidated dividend on equity ratio) will have a floor of 2.0%, and the consolidated payout ratio will be at least 50%. In addition, the company will respond flexibly to indirect shareholder returns, including share repurchases.
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Fiscal Period Coveredthe fiscal year ending March 2027
Items this document does not state (4)
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.

To further enhance returns to shareholders and increase shareholder value through dividends, the company plans to raise its consolidated payout ratio threshold and introduce the DOE metric.

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 Regarding Changes to the Basic Policy on Shareholder Returns (Introduction of DOE as an Indicator) and Revisions to the Dividend Forecast (Dividend Increase) | TOBA,INC. (7472) timely disclosure | Komori