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Dividends9048Nagoya Railroad Co., Ltd.Transportation and Logistics

Notice Regarding Changes to the Dividend Policy

In addition to maintaining a consolidated payout ratio of at least 30%, the Company will set a floor of ¥60 for the annual dividend per share. This will apply from the fiscal year ending March 2027.

Worth reading
86Important
Scored from 3 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
60
Yen (floor for annual dividend per share)
Wording
Definitive
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 ratioConsolidated Maintain at least 30% / Individual Not disclosedThe percentage of earnings paid out as dividends.
Dividend policy

Maintain a consolidated payout ratio of at least 30% and, in addition, set a floor of ¥60 for the annual dividend per share to ensure the stability of shareholder returns. Applicable from the fiscal year ending March 2027.

Dividend per share
ItemDetails
Payout ratioConsolidated Maintain at least 30% / Individual Not disclosed
Dividend policyMaintain a consolidated payout ratio of at least 30% and, in addition, set a floor of ¥60 for the annual dividend per share to ensure the stability of shareholder returns. Applicable from the fiscal year ending March 2027.
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 achieve earnings growth through management focused on capital efficiency, ensure the stability of shareholder returns through a dividend floor, and balance growth investment with shareholder returns.

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 Dividend Policy | Nagoya Railroad Co., Ltd. (9048) timely disclosure | Komori