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Dividends8098Inabata & Co.,Ltd.Trading & Wholesale

Notice Concerning Partial Changes to the Basic Policy on Shareholder Returns (Including the Introduction of DOE as an Indicator)

The Company has newly added a target DOE (dividend on equity) of 4–4.5% to its shareholder return policy and set the total payout ratio at 50% or more in principle. The progressive dividend policy will also be maintained, with an annual dividend forecast of ¥143 for the fiscal year ending March 2027.

Worth reading
77Important
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
15
Yen/share
Wording
Definitive
How definitive the wording is.

Dividend per share

Fiscal year ending March 2027
143YenDividend per share for this transactionPrior-year result ¥128, change ¥+15
Previous-period resultsCurrent

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
Dividend policy

The total dividend amount will target a DOE (dividend on equity) of 4–4.5%. The per-share dividend will not be reduced and will be set no lower than the previous fiscal year’s actual dividend, with the basic policy of increasing it continuously (progressive dividends). The total payout ratio for each fiscal year will be 50% or more in principle.

Dividend per share
ItemDetails
Dividend per shareNot disclosed → ¥143 (dividend forecast for the fiscal year ending March 2027)
Total Annual DividendsNot disclosed → ¥143 (fiscal year ending March 2027)
Previous-period results (per share)Interim Not disclosed / End of period Not disclosed / Annual ¥128 (fiscal year ended March 2026)
Dividend policyThe total dividend amount will target a DOE (dividend on equity) of 4–4.5%. The per-share dividend will not be reduced and will be set no lower than the previous fiscal year’s actual dividend, with the basic policy of increasing it continuously (progressive dividends). The total payout ratio for each fiscal year will be 50% or more in principle.
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 (6)
Total dividendsRecord dateEffective dateSource of dividendsBreakdown of Regular, Commemorative and Special DividendsPayout ratio

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 light of the focus on improving capital efficiency and enhancing shareholder returns under the medium-term management plan, the Company aims to clarify its commitment to appropriately distribute the benefits of earnings growth based on the level of shareholders’ equity, in addition to maintaining progressive dividends and a total payout ratio of 50% or more.

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Notice Concerning Partial Changes to the Basic Policy on Shareholder Returns (Including the Introduction of DOE as an Indicator) | Inabata & Co.,Ltd. (8098) timely disclosure | Komori