ｍｅｉｔｏ's forecast year-end dividend for the fiscal year ending March 2027 was revised in connection with a 1-to-2 stock split. The effective dividend is expected to remain unchanged before and after the split.
ｍｅｉｔｏ plans to conduct a stock split with an allotment date of 31 December, after which 1 share will become 2 shares. The publication date and practical dates are treated as occurring after the announcement on 24 September.
In connection with the stock split, the company reportedly revised its forecast year-end dividend for the fiscal year ending March 2027. As the stock split will take effect on 1 January 2027, the interim dividend for the end of the second quarter of the fiscal year ending March 2027, based on 30 September 2026, will be paid based on the number of shares before the stock split.
As part of the dividend revision, the previous annual dividend plan was ¥80, while the dividend after the stock split was revised to ¥60. However, on a pre-split basis, it is expressed as ¥80, and the company explains that the effective dividend will remain unchanged.
The table based on the dividend revision PDF states that the old 2027.03 dividend per share was ¥80, the new 2027.03 dividend per share is also ¥80, and the revision amount is 0.00.