Komori
Dividends8014CHORI CO.,LTD.Trading & Wholesale

Notice Concerning the Dividend of Surplus for the Fiscal Year Ending March 2026 (Increase in Dividend) and Changes to the Dividend Policy from the Fiscal Year Ending March 2027

The year-end dividend for the fiscal year ending March 2026 was increased by ¥3, from the previous forecast of ¥72 per share to ¥75. In addition, from the fiscal year ending March 2027, the annual consolidated payout ratio will be raised from 30% or more to 40% or more, and the basis for DOE will be changed from shareholders’ equity to net assets.

Worth reading
75Important
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
3
Yen/share
Wording
Definitive
How definitive the wording is.

Dividend per share

Fiscal year ending March 2026
147YenRevised annual dividend per sharePrevious forecast ¥72, change ¥+75(+4.2%)
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.

Dividend per shareYen 00 sen¥72→¥75+4.2%
Total dividendsTotal amount payable to all shareholders¥2,007 million→¥1,858 million
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Record date31 March 2026
Effective date3 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 ratioCurrent fiscal year 30.2% / Previous period 30.0% / Category ConsolidatedThe 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.
Dividend policy

From the perspective of providing continuous and stable returns to shareholders and ensuring management and financial stability, the Company will pay performance-linked dividends based on the level of net income attributable to owners of the parent. Through the fiscal year ending March 2026, the dividend will be set at an amount that meets both a consolidated payout ratio of 30% per year and a dividend-on-equity (DOE) ratio of 3.5% or more based on shareholders’ equity. From the fiscal year ending March 2027, it will be set at an amount that meets both a consolidated payout ratio of 40% or more per year and a dividend-on-equity (DOE) ratio of 3.5% or more based on net assets.

Dividend per share
ItemDetails
Dividend per share¥72.00 → ¥75.00(Approximately 4.17%)
Total Annual DividendsNot disclosed → ¥147.00
Previous-period results (per share)Interim ¥61.00 / End of period ¥81.00 / Annual ¥142.00
Total dividends¥2,007 million → ¥1,858 million
Record date31 March 2026
Effective date3 June 2026
Source of dividendsRetained earnings
Payout ratioCurrent fiscal year 30.2% / Previous period 30.0% / Category Consolidated
Dividend policyFrom the perspective of providing continuous and stable returns to shareholders and ensuring management and financial stability, the Company will pay performance-linked dividends based on the level of net income attributable to owners of the parent. Through the fiscal year ending March 2026, the dividend will be set at an amount that meets both a consolidated payout ratio of 30% per year and a dividend-on-equity (DOE) ratio of 3.5% or more based on shareholders’ equity. From the fiscal year ending March 2027, it will be set at an amount that meets both a consolidated payout ratio of 40% or more per year and a dividend-on-equity (DOE) ratio of 3.5% or more based on net assets.
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Fiscal Period CoveredFiscal year ending March 2026
Items this document does not state (1)
Breakdown 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.

In formulating the medium-term management plan, the Company comprehensively considered its financial condition, including capital efficiency, cash allocation, the business environment and trends in equity, in order to further enhance business investment for sustainable growth and shareholder returns. The year-end dividend for the fiscal year ending March 2026 was determined based on full-year consolidated results.

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Notice Concerning the Dividend of Surplus for the Fiscal Year Ending March 2026 (Increase in Dividend) and Changes to the Dividend Policy from the Fiscal Year Ending March 2027 | CHORI CO.,LTD. (8014) timely disclosure | Komori