Taihei Dengyo Kaisha, Ltd.

1968.T
Engineering & Construction
2026/02/20 Updated
Market Cap: $1.1B (¥173.4B)
Stock Price: $17.81 (¥2,748)
Exchange Rate: 1 USD = ¥154.32

Notice Regarding Dividend of Surplus (Dividend Increase)

The dividend of surplus for the record date of March 31, 2026, will be increased to 70 yen per share, with a total dividend amount of 4,435 million yen. This amount reflects the stock split adjustment, and the effective date is June 29, 2026.

Importance:
Page Updated: February 6, 2026
IR Disclosure Date: February 6, 2026

Key Figures

  • Dividend per Share: 70 yen 00 sen (Fiscal Year Ending March 2026, after stock split adjustment)
  • Total Dividend Amount: 4,435 million yen (Fiscal Year Ending March 2026)
  • Effective Date: 2026-06-29

AI要約

Details of Dividend Decision

Taihei Electric Industry Co., Ltd. resolved at the Board of Directors meeting held on February 6, 2026, to pay a dividend of surplus of 70 yen per share with a record date of March 31, 2026. This represents an increase from the dividend forecast of 67 yen announced on August 7, 2025, and the total dividend amount is 4,435 million yen. Note that a stock split of three shares for every one common share was conducted on October 1, 2025, and the dividend amount is stated after considering this stock split adjustment. The effective date is June 29, 2026.

Dividend Policy and Rationale

The Company positions shareholder returns as an important management measure and has a basic policy of stable and continuous dividends from a long-term perspective. It sets a minimum net asset dividend rate of 3% and a target payout ratio of 35%, aiming to enhance return levels and maintain stable dividends. The dividend for the fiscal year ending March 2026 was determined comprehensively considering business performance and management environment. The annual dividend is only 70 yen at the fiscal year-end; the previous year's 175 yen amount is before the stock split and therefore cannot be directly compared.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.