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Dividends9763Maruken Lease Co.,Ltd.Trading & Wholesale

Notice Concerning Changes to the Dividend Policy (Introduction of Progressive Dividends) and Revision of the Year-End Dividend Forecast (Increase)

The year-end dividend forecast for the fiscal year ending March 2027 was changed from ¥27 per share to ¥30, and the full-year dividend forecast was increased from ¥54 to ¥57. In addition, progressive dividends were introduced for the fiscal years ending March 2027 through March 2029, under which dividends will generally be maintained or increased without reductions.

Worth reading
80Important
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
3
Yen (year-end dividend per share)
Wording
Conditional
How definitive the wording is.

Dividend per share

the fiscal year ending March 2027
57YenRevised annual dividend per sharePrevious forecast ¥54, change ¥+3(+5.6%)
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 (year-end, per share)¥27→¥30+11.1%
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Payout ratioConsolidated 35% or more (dividend policy)The percentage of earnings paid out as dividends.
Breakdown of Regular, Commemorative and Special DividendsIncludes a ¥10 commemorative dividend for the change of corporate name. → Not disclosed
Dividend policy

The policy is to first secure an appropriate level of profit, then invest to enhance corporate value, maintain a consolidated dividend payout ratio of 35% or more, and continue implementing progressive dividends based on the annual dividend for the fiscal years ending March 2027 through March 2029, thereby returning profits to shareholders.

Dividend per share
ItemDetails
Dividend per share27 Yen (year-end, per share) → 30 Yen (year-end, per share)(+11.1%)
Total Annual Dividends54 Yen per share → 57 Yen per share(+5.6%)
Previous-period results (per share)Interim 73 Yen (per share, actual dividend amount before the stock split) / End of period 87 Yen (per share, actual dividend amount before the stock split) / Annual 160 Yen (per share, actual dividend amount before the stock split)
Breakdown of Regular, Commemorative and Special DividendsIncludes a ¥10 commemorative dividend for the change of corporate name. → Not disclosed
Payout ratioConsolidated 35% or more (dividend policy)
Dividend policyThe policy is to first secure an appropriate level of profit, then invest to enhance corporate value, maintain a consolidated dividend payout ratio of 35% or more, and continue implementing progressive dividends based on the annual dividend for the fiscal years ending March 2027 through March 2029, thereby returning profits to shareholders.
Whether Submission to the General Meeting of Shareholders Is RequiredBoard of directors resolution only
Fiscal Period Coveredthe fiscal year ending March 2027
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.

Based on the record of increasing dividends for 4 consecutive fiscal years from the fiscal year ended March 2023 through the fiscal year ending March 2026, progressive dividends based on the annual dividend were introduced to clarify the shareholder return policy for the remainder of the current medium-term management plan. In line with this policy change, the year-end dividend forecast for the fiscal year ending March 2027 was increased by ¥3 per share.

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Notice Concerning Changes to the Dividend Policy (Introduction of Progressive Dividends) and Revision of the Year-End Dividend Forecast (Increase) | Maruken Lease Co.,Ltd. (9763) timely disclosure | Komori