OSG Corporation
Notice Regarding Change in Shareholder Return Policy
From the fiscal year ending November 2026, the dividend policy will be revised from a consolidated payout ratio of over 35% to a basis of the higher between 45% or a DOE (Dividend on Equity) of 3.5%, aiming for stable dividends with an emphasis on capital efficiency.
Key Figures
- Consolidated Payout Ratio: The higher of 45% or DOE 3.5% (after change)
- Consolidated Payout Ratio: 35% or more (before change)
- Effective Starting Period: Fiscal year ending November 2026
AI要約
Details of Change in Shareholder Return Policy
OSG Corporation resolved at its Board of Directors meeting on January 8, 2026 to revise its shareholder return policy. The previous policy based on a consolidated payout ratio of over 35% will be replaced by a new dividend policy emphasizing capital efficiency, using as a standard the higher of a consolidated payout ratio of 45% or a DOE (Dividend on Equity) of 3.5%. Share buybacks will continue to be conducted as before, considering capital conditions and business performance trends.
Future Outlook and Effective Date
The new policy will be applied from the fiscal year ending November 2026. The company will continue to review its approach to shareholder returns with an emphasis on capital efficiency, aiming to maintain stable dividends and appropriate profit distribution. This is intended to enhance shareholder value.
