Japan Resistor Mfg. Co., Ltd.
Notice Regarding the Revision of the End-of-Fiscal-Year Dividend for the 12th Month of Reiwa 8 (No Dividend)
Under the premise of the completion of the public acquisition, the end-of-year dividend for the 12th month of Reiwa 8 will not be paid. Revised to 0 yen overall, with the annual dividend forecast revised from 30.00 yen to 0.00 yen (the 15.00 yen end-of-year dividend is retained).
Key Figures
- Annual dividend: Previous forecast 30.00 yen → Revised 0.00 yen (no end-of-year dividend)
- End of second quarter dividend: 15.00 yen
- End of year dividend: 0.00 yen
AI要約
Dividend Policy and the Public Acquisition
The board of directors, convened today, resolved to revise the dividend forecast for the fiscal year ending December in Reiwa 8 on the condition that Ferrotec's public takeover completes, and to not pay an end-of-year dividend. The decision prioritizes the capital policy under the terms of the takeover while continuing the existing stable dividend policy.
Details of the revision and background
Annual dividends revised from the previous forecast of 30.00 yen to 0.00 yen. End of second quarter 15.00 yen, end of year 0.00 yen, with actual for the period 15.00 yen and prior-year comparable 25.00 yen. The background includes changes in capital structure due to the public acquisition and a planned delisting, with shareholder returns unclear going forward.
Japan Resistor Mfg. Co., Ltd.
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