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Dividends8772ASAX CO.,LTD.Financials (excluding banks)

Notice of Revision to Dividend Forecast (Increase)

The year-end dividend forecast for the fiscal year ended March 2024 was changed from ¥18 per share to ¥20 per share, an increase of ¥2. The annual dividend forecast was also changed from ¥18 to ¥20 per share.

Worth reading
70In focus
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
2
Yen/share
Wording
Conditional
How definitive the wording is.

Dividend per share

Fiscal year ended March 2024
20YenRevised annual dividend per sharePrevious forecast ¥18, change ¥+2(+11.1%)
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.

Whether Submission to the General Meeting of Shareholders Is RequiredScheduled to be submitted to the General Meeting of Shareholders
Payout ratioTarget of 20% or more (payout ratio for this revision: not disclosed)The percentage of earnings paid out as dividends.
Breakdown of Regular, Commemorative and Special DividendsOrdinary dividend only (no commemorative or special dividend component)
Dividend policy

The company's basic policy is to improve its earnings power in order to raise earnings per share, and, based on that earnings power, to strengthen its corporate structure and consider retained earnings and other resources necessary for future business development, while targeting a payout ratio of 20% or more and actively returning profits to shareholders.

Dividend per share
ItemDetails
Dividend per share¥18.00 → ¥20.00(Approximately 11.1%)
Total Annual Dividends¥18.00 → ¥20.00(Approximately 11.1%)
Previous-period results (per share)Interim ¥0.00 / End of period ¥18.00 / Annual ¥18.00
Breakdown of Regular, Commemorative and Special DividendsOrdinary dividend only (no commemorative or special dividend component)
Payout ratioTarget of 20% or more (payout ratio for this revision: not disclosed)
Dividend policyThe company's basic policy is to improve its earnings power in order to raise earnings per share, and, based on that earnings power, to strengthen its corporate structure and consider retained earnings and other resources necessary for future business development, while targeting a payout ratio of 20% or more and actively returning profits to shareholders.
Whether Submission to the General Meeting of Shareholders Is RequiredScheduled to be submitted to the General Meeting of Shareholders
Fiscal Period CoveredFiscal year ended March 2024
Items this document does not state (4)
Total dividendsRecord dateEffective dateSource of 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.

This revision reflects the company's strong performance, among other factors. It is also based on the company's basic policy of actively returning profits to shareholders, with a target payout ratio of 20% or more.

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 of Revision to Dividend Forecast (Increase) | ASAX CO.,LTD. (8772) timely disclosure | Komori