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Dividends8159TACHIBANA ELETECH CO.,LTD.Trading & Wholesale

Notice Regarding Changes to Dividend Policy (Introduction of Progressive Dividends)

The Company has changed its dividend policy from one based on stable dividends to one based on progressive dividends, under which the dividend level will be maintained or increased through the fiscal year ending March 2031. The new policy will apply from the fiscal year ending March 2027.

Worth reading
68In focus
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Direction
Neutral
Direction inferred from the company’s description.
Scale
20
Yen (reference value for annual dividend per share)
Wording
Conditional
How definitive the wording is.

Dividend per share

Fiscal year ending March 2027
Previous-period results

Each vertical step represents one dividend payment, and the total height of the accumulated steps represents the annual dividend for the period.

Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Dividend policy

The Company’s basic policy is to return profits to shareholders from a medium- to long-term perspective while strengthening its financial position and building up the internal reserves necessary to expand its business and respond to changes in the future operating environment. With respect to dividends, during the period covered by the medium- to long-term management plan through the fiscal year ending March 2031, the Company will pursue appropriate profit returns linked to sustainable profit growth based on a progressive dividend policy, under which the dividend level will be maintained or increased.

Dividend per share
ItemDetails
Previous-period results (per share)Interim ¥50.00 / End of period ¥50.00 / Annual ¥100.00
Dividend policyThe Company’s basic policy is to return profits to shareholders from a medium- to long-term perspective while strengthening its financial position and building up the internal reserves necessary to expand its business and respond to changes in the future operating environment. With respect to dividends, during the period covered by the medium- to long-term management plan through the fiscal year ending March 2031, the Company will pursue appropriate profit returns linked to sustainable profit growth based on a progressive dividend policy, under which the dividend level will be maintained or increased.
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 DividendsTotal 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.

The Company achieved the targets set out in its previous medium- to long-term management plan, namely net sales of ¥220 billion and operating profit of ¥7 billion, in the fiscal year ending March 2026. Against this backdrop, the Company aims to clarify its commitment to proactive growth investment and shareholder returns and enhance corporate value.

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Notice Regarding Changes to Dividend Policy (Introduction of Progressive Dividends) | TACHIBANA ELETECH CO.,LTD. (8159) timely disclosure | Komori