Toyo Tanso Co., Ltd.
Notice Regarding Change in Dividend Policy
Resolved to change the dividend policy by raising the dividend payout ratio from 30% or more to 40% or more starting from the fiscal year ending December 2025, enhancing returns to shareholders.
Key Figures
- Dividend Payout Ratio Before Change: 30% or more
- Dividend Payout Ratio After Change: 40% or more
- Effective Period of Change: From the fiscal year ending December 2025
AI要約
Overview of Dividend Policy Change
Toyo Carbon Co., Ltd. resolved at the Board of Directors meeting held on February 16, 2026, to change its dividend policy. Previously, the basic policy was a stable dividend with a dividend payout ratio of 30% or more, but going forward, the company will revise this to maintain a stable return of profits with a dividend payout ratio of 40% or more. Retained earnings will continue to be allocated to production-related capital expenditures, new product development, and research and development investments.
Enhancement of Shareholder Returns and Capital Efficiency
This change in dividend policy aims to enhance returns to shareholders as well as allocate management resources with consideration of capital efficiency. The change will apply from the fiscal year ending December 2025, and while comprehensively considering funding needs for future business development and strengthening of the management base, the company plans to maintain stable dividends.
