Nippon Electric Glass Co., Ltd.
Notice Regarding Revision of Dividend Forecast (Increase)
The year-end dividend for the fiscal year ending December 2025 is increased by 5 yen per share to 80 yen, revising the annual dividend to 150 yen, representing a 20 yen increase compared to the previous fiscal year.
Key Figures
- Year-end Dividend: 80 yen 00 sen (Increased by 5 yen from previous forecast of 75 yen 00 sen)
- Annual Dividend: 150 yen 00 sen (Increased by 20 yen from last year's actual 130 yen 00 sen)
- Interim Dividend: 70 yen 00 sen (Same as previous forecast)
AI要約
Details of Dividend Forecast Revision
Nippon Electric Glass Co., Ltd. has revised its year-end dividend forecast for the fiscal year ending December 2025, increasing it by 5 yen per share from 75 yen to 80 yen, and adjusted the annual dividend to 150 yen. This represents a 20 yen increase from the previous fiscal year's actual annual dividend of 130 yen. The interim dividend remains at 70 yen, unchanged from the previous forecast.
Reasons for Revision and Future Policy
The company places great importance on shareholder returns, aiming to maintain stable dividends over the long term regardless of fluctuations in business performance. While ensuring financial stability and capital efficiency, it plans to secure internal reserves and promote growth investments. Under the mid-term management plan EGP2028, the company targets a dividend on equity (DOE) of 3% by the fiscal year ending December 2028, emphasizing stable dividends and seeking to expand dividends based on business performance and financial condition.
