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Dividends8366THE SHIGA BANK,LTD.Banks

Notice Regarding Changes to the Shareholder Return Policy

The shareholder return benchmark under the Eighth Medium-Term Management Plan has been changed from a target return ratio of 40% based on the combined total of dividends and share buybacks to a policy targeting a dividend payout ratio of 40%. Share buybacks will be conducted flexibly and proactively, taking into account the business environment and capital position.

Worth reading
75Important
Scored from 3 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
40
% (target dividend payout ratio)
Wording
Conditional
How definitive the wording is.

Dividend per share

Fiscal year ending March 2027
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Payout ratioNot disclosed → Target payout ratio of 40%The percentage of earnings paid out as dividends.
Dividend policy

For shareholder returns during the period of the Eighth Medium-Term Management Plan (through March 2029), the Company will target a dividend payout ratio of 40%. In addition, share buybacks will be conducted flexibly and proactively, taking into account the business environment, capital position and other factors.

Dividend per share
ItemDetails
Payout ratioNot disclosed → Target payout ratio of 40%
Dividend policyFor shareholder returns during the period of the Eighth Medium-Term Management Plan (through March 2029), the Company will target a dividend payout ratio of 40%. In addition, share buybacks will be conducted flexibly and proactively, taking into account the business environment, capital position and other factors.
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 further enhance shareholder returns through dividends, taking into account progress under the Eighth Medium-Term Management Plan and the future business environment and capital position.

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 Shareholder Return Policy | THE SHIGA BANK,LTD. (8366) timely disclosure | Komori