Komori
Dividends7537MARUBUN CORPORATIONTrading & Wholesale

Notice Regarding Changes to Dividend Policy (Increase in Dividend Payout Ratio and DOE)

To enhance shareholder returns, the Company has raised the targets under its dividend policy. The target consolidated payout ratio has been changed from 40% to 50%, and the target DOE has been changed from 2.5% to 3.5%, effective from the fiscal year ending March 2027.

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Improvement
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Dividend per share

Fiscal year ending March 2027
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Payout ratioConsolidated Target of 50% (changed from 40%) / Individual Not disclosedThe percentage of earnings paid out as dividends.
Dividend policy

The Company's basic policy is to pay continuous and stable dividends based on a target of whichever is higher, a consolidated payout ratio of 50% or DOE (dividend on equity) of 3.5%. Before the change, the target was whichever was higher, a consolidated payout ratio of 40% or DOE (dividend on equity) of 2.5%.

Dividend per share
ItemDetails
Payout ratioConsolidated Target of 50% (changed from 40%) / Individual Not disclosed
Dividend policyThe Company's basic policy is to pay continuous and stable dividends based on a target of whichever is higher, a consolidated payout ratio of 50% or DOE (dividend on equity) of 3.5%. Before the change, the target was whichever was higher, a consolidated payout ratio of 40% or DOE (dividend on equity) of 2.5%.
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Fiscal Period CoveredFiscal 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.

To achieve both growth investments aimed at sustainable growth and shareholder returns, further enhance corporate value and capital efficiency, and strengthen returns to shareholders.

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 Dividend Policy (Increase in Dividend Payout Ratio and DOE) | MARUBUN CORPORATION (7537) timely disclosure | Komori