The Yamagata Bank, Ltd.
Notice Regarding Revision of Shareholder Return Policy
From fiscal year 2025, the dividend payout ratio target will be raised from 35% to 40%, and a progressive dividend will be introduced. The annual dividend forecast will increase to 78 yen per share (interim 28 yen, year-end 50 yen).
Key Figures
- Dividend Payout Ratio Target: 40% (raised from 35%)
- Annual Dividend Forecast (FY2025): 78 yen per share (interim 28 yen, year-end 50 yen)
- Dividend Increase: 33 yen increase from FY2024
AI要約
Details of Revision to Shareholder Return Policy
The Yamagata Bank, Ltd. resolved at its Board of Directors meeting on February 9, 2026, to revise its shareholder return policy by raising the dividend payout ratio target from the previous 35% or more to 40% and introducing a progressive dividend. This aims to strengthen stable and flexible returns to shareholders and improve capital efficiency. The new policy will apply from fiscal year 2025, with the annual dividend forecast set at 78 yen per share (interim 28 yen, year-end 50 yen), representing a 33 yen increase compared to fiscal year 2024. Additionally, share buybacks are also planned.
Background of the Revision and Future Outlook
The revision is based on efforts to enhance corporate value under the 21st Medium-Term Management Plan "Pro-Act," positioning profit improvement and enhanced shareholder returns as important management priorities. The earnings forecast for fiscal year 2025 has been revised upward, reflecting solid business performance. To return medium- to long-term profit growth to shareholders, the introduction of a progressive dividend will enable stable dividends that correspond to growth, thereby enhancing shareholder value.
