Komori
Dividends9445FORVAL TELECOM,INC.Information and Communications, Services and Others

Notice Concerning Dividend of Surplus

The year-end dividend for the fiscal year ending March 2026 has been set at ¥13 per share. This represents a ¥1 increase from ¥12 per share in the previous fiscal year, bringing the annual dividend, including the interim dividend of ¥10, to ¥23 per share.

Worth reading
58In focus
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Direction
Improvement
Direction inferred from the company’s description.
Scale
1
Yen per share
Wording
Definitive
How definitive the wording is.

Dividend per share

Fiscal year ending March 2026
23YenRevised annual dividend per sharePrevious forecast ¥13, change ¥+10(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¥13→¥130.0%
Total dividendsTotal amount payable to all shareholders¥201.071 million→¥217.827 million
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Record date31 March 2026
Effective date11 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.

Payout ratioConsolidated dividend payout ratio of approximately 50% as a benchmarkThe percentage of earnings paid out as dividends.
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

The Company determines dividends based on a consolidated dividend payout ratio of approximately 50% as a benchmark for returning profits in line with business performance, while taking into consideration retained earnings for system investments and sales promotion necessary to ensure stable and sustained business growth, the maintenance of financial soundness, and underlying business performance excluding special factors.

Dividend per share
ItemDetails
Dividend per share¥13.00 (unchanged) → ¥13.00(0%)
Total Annual DividendsNot disclosed → ¥23.00
Previous-period results (per share)Interim ¥8.00 / End of period ¥12.00 / Annual ¥20.00
Total dividends¥201.071 million → ¥217.827 million
Record date31 March 2026
Effective date11 June 2026
Source of dividendsRetained earnings
Payout ratioConsolidated dividend payout ratio of approximately 50% as a benchmark
Dividend policyThe Company determines dividends based on a consolidated dividend payout ratio of approximately 50% as a benchmark for returning profits in line with business performance, while taking into consideration retained earnings for system investments and sales promotion necessary to ensure stable and sustained business growth, the maintenance of financial soundness, and underlying business performance excluding special factors.
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Fiscal Period CoveredFiscal year ending March 2026
Items this document does not state (1)
Breakdown 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.

The Company determines dividends based on a consolidated dividend payout ratio of approximately 50% as a benchmark for returning profits in line with business performance, while taking into consideration retained earnings, financial soundness, and underlying business performance excluding special factors. The year-end dividend has been increased by ¥1 from ¥12 per share in the previous fiscal year to ¥13 per share.

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Notice Concerning Dividend of Surplus | FORVAL TELECOM,INC. (9445) timely disclosure | Komori