Orchestra Holdings revised its dividend forecast for the fiscal year ending December 2026, setting the year-end dividend at ¥50 and bringing the expected annual dividend to ¥50. This raises the dividend yield to 4.07% and is expected to mark the 9th consecutive fiscal year of dividend growth.
Orchestra Holdings revised its dividend forecast for the fiscal year ending December 2026, with an interim dividend of ¥0 and a year-end dividend of ¥50. The annual dividend is expected to be ¥50, an increase of ¥20 from the previous forecast of ¥30. Accordingly, the dividend yield is expected to rise from 2.44% to 4.07%, increasing the likelihood of a 9th consecutive fiscal year of dividend growth.
Looking at the company’s dividend history, the dividend has increased consecutively since the initial dividend for the fiscal year ended December 2018. The forecast dividend for the fiscal year ending December 2026 represents a substantial increase from the ¥5 paid in 2018. The share price rose from the December 2018 closing price of ¥837 to ¥1,228 at the close on 25 September 2026, the announcement date, and has remained at approximately 1.4 times that level.
The announcement of the dividend increase also included an expansion of the shareholder benefit program and the introduction of a benefit marking the 10th anniversary of the company’s listing. Attention is focused not only on the ¥50 year-end dividend but also on the expanded benefits available in the month when shareholder rights are determined. Full-year results for the fiscal year ending December 2026 are expected to exceed the previous fiscal year in both revenue and profit.
In response to the dividend increase announcement, the share price rose sharply in overnight PTS trading. On the announcement date, trading began above the previous day’s closing price, attracting market participants’ attention.
Facts:
Category
Orchestra Holdings is expected to revise its dividend forecast for the fiscal year ending December 2026, setting the year-end dividend at ¥50 and the annual dividend at ¥50. The previous forecast was ¥30.
Timing
Announced at 18:15 on 25 September 2026.
Scale
The dividend yield is expected to be 4.07% based on a share price of ¥1,228.
Nature
The company is expected to raise its dividend for 9 consecutive fiscal years.