Komori
Dividends9007Odakyu Electric Railway Co.,Ltd.Transportation and Logistics

Notice Regarding Dividend of Surplus

The year-end dividend for the fiscal year ending March 2026 has been set at ¥30 per share, an increase of ¥5 from ¥25 in the previous fiscal year. Including the interim dividend of ¥25, the annual dividend will be ¥55, up ¥15 from ¥40 in the previous fiscal year.

Worth reading
78Important
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
5
Yen per share
Wording
Conditional
How definitive the wording is.

Dividend per share

Fiscal year ending March 2026
55YenRevised annual dividend per sharePrevious forecast ¥30, change ¥+25(0.0%)
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.

Dividend per shareyen¥30→¥300.0%
Total dividendsTotal amount payable to all shareholdersAmount ¥8,690 million→Amount ¥10,428 million
Whether Submission to the General Meeting of Shareholders Is RequiredScheduled to be submitted to the General Meeting of Shareholders
Record date31 March 2026
Effective date29 June 2026

The record date is the cutoff date for determining which persons listed in the shareholder register on that date are entitled to receive dividends.Payments begin on the effective date.

Source of dividendsRetained earningsThe source of dividend payments. Depending on the type of surplus, the dividend may be paid from earned profits or may be closer to a return of capital.
Dividend policy

Subject to maintaining an equity ratio of 30%, the Company will pay stable dividends targeting a consolidated total payout ratio of 40% or more, based on the average for fiscal years 2023–2026, and make flexible share repurchases. It aims to implement progressive dividends through fiscal 2030.

Dividend per share
ItemDetails
Dividend per share30 yen → 30 yen(0.0%)
Total Annual DividendsNot disclosed → 55 yen
Previous-period results (per share)Interim 15 yen / End of period 25 yen / Annual 40 yen
Total dividendsAmount ¥8,690 million → Amount ¥10,428 million
Record date31 March 2026
Effective date29 June 2026
Source of dividendsRetained earnings
Dividend policySubject to maintaining an equity ratio of 30%, the Company will pay stable dividends targeting a consolidated total payout ratio of 40% or more, based on the average for fiscal years 2023–2026, and make flexible share repurchases. It aims to implement progressive dividends through fiscal 2030.
Whether Submission to the General Meeting of Shareholders Is RequiredScheduled to be submitted to the General Meeting of Shareholders
Fiscal Period CoveredFiscal year ending March 2026
Items this document does not state (2)
Breakdown 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.

Based on the long-term shareholder return targets set out in the medium-term management plan and the existing basic policy, the year-end dividend for the fiscal year ending March 2026 was set as forecast. The long-term targets include progressive dividends, while the basic policy includes stable dividends targeting a consolidated total payout ratio of 40% or more.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Dividend of Surplus | Odakyu Electric Railway Co.,Ltd. (9007) timely disclosure | Komori