Kojima will expand its shareholder benefit program from the benefits with an August-end record date and add benefits for long-term holders. The earnings summary explains a new policy targeting a 40% dividend payout ratio and plans to raise the dividend forecast for the fiscal year ending August 2026 to ¥28.
Kojima (7513) announced on 13 July that it would expand its shareholder benefit program based on a record date at the end of August, with the new system scheduled to apply to shareholders listed on the shareholder register as of the end of August. The benefit consists of shopping vouchers worth ¥1,000 each, usable at Kojima stores and Kojima Net, with the number of vouchers determined by the number of shares held. Shareholders holding 100 or more shares receive 2 vouchers, those holding 500 or more receive 4, and those holding 1,000 or more receive 6. As a long-term holding benefit, shareholders continuously holding 100 or more shares will receive an additional 1 or 2 vouchers exclusively at the end of August. The company also announced a new policy to raise its dividend payout ratio to 40%, and the dividend forecast for the fiscal year ending August 2026 is expected to increase from ¥22 to ¥28.
The earnings summary states that the share price closed at ¥1,410 on 19 August. Because the trading unit is 100 shares, the minimum investment amount is ¥141,000. An estimate of total returns from the benefits and dividends produced yields of approximately 3.4% for holdings of less than 1 year and approximately 4.8% for holdings of 2 years or more. A separate benefit will also be granted at the end of February, so the annual total is expected to exceed the amount in this estimate. The earnings summary presents the information as supporting the company's future shareholder return policy and earnings outlook, and says attention is focused on the next earnings update and progress in applying the new system.