Worth reading
74In focus
Scored from 3 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
40
Dividend payout ratio (minimum, %)Wording
Conditional
How definitive the wording is.Dividend per share
Fiscal year ending March 2027Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Payout ratio40% or more (effective from the fiscal year ending March 2027)The percentage of earnings paid out as dividends.
Dividend policy
The basic policy for shareholder returns is to maintain stable dividends while keeping the dividend payout ratio at 40% or more. Share buybacks will also be conducted flexibly, taking into account capital efficiency, market conditions, and investment opportunities for medium- to long-term growth.
| Item | Details |
|---|---|
| Payout ratio | 40% or more (effective from the fiscal year ending March 2027) |
| Dividend policy | The basic policy for shareholder returns is to maintain stable dividends while keeping the dividend payout ratio at 40% or more. Share buybacks will also be conducted flexibly, taking into account capital efficiency, market conditions, and investment opportunities for medium- to long-term growth. |
| Whether Submission to the General Meeting of Shareholders Is Required | Board of directors resolution only |
| Fiscal Period Covered | Fiscal 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 enhance shareholder returns under management that takes the cost of capital and PBR into account, and to steadily increase the dividend per share through earnings growth.
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.