Solasto Corporation
Notice Regarding Revision of Dividend Forecast for the Fiscal Year Ending March 2026 (No Dividend)
Revised the dividend forecast for the fiscal year ending March 2026, changing the year-end dividend to 0 yen and deciding on no dividend, reducing the full-year dividend from 11 yen by 11 yen.
Key Figures
- Year-end dividend after revision: 0 yen 00 sen (previous forecast 11 yen 00 sen)
- Total annual dividend after revision: 11 yen 00 sen (previous forecast 22 yen 00 sen)
- Previous fiscal year actual total annual dividend: 20 yen 00 sen
AI要約
Details of Dividend Forecast Revision
Solasto Inc. has revised its dividend forecast for the fiscal year ending March 2026, changing the year-end dividend from 11 yen 00 sen to 0 yen 00 sen, and resolved to reduce the total annual dividend from 22 yen 00 sen to 11 yen 00 sen. This is conditional upon the successful completion of the tender offer by MP-2605 Inc., whereby the Company's shares will be privatized and delisted following the tender offer.
Reasons for Dividend Forecast Revision and Future Outlook
The Board of Directors has endorsed the tender offer and resolved to recommend shareholders to participate. The tender offer price was set on the assumption that no year-end dividend as of the record date March 31, 2026, would be paid, leading to the comprehensive decision not to pay a year-end dividend. Although the Company has prioritized shareholder returns to date, it plans no dividend in view of delisting due to the successful tender offer.
