Furuno Electric Co., Ltd.
Notice Regarding Dividend of Surplus (Dividend Increase)
Furuno Electric Co., Ltd. resolved to increase the year-end dividend for the fiscal year ending February 2026 to 85 yen per share, resulting in an annual dividend of 160 yen. The total dividend amount is 2,686 million yen.
Key Figures
- Year-end Dividend: 85 yen 00 sen (Increased by 10 yen from 75 yen 00 sen in the previous period)
- Annual Dividend: 160 yen 00 sen (Increased by 50 yen from 110 yen 00 sen in the previous period)
- Total Dividend Amount: 2,686 million yen (Increased from 2,369 million yen in the previous period)
AI要約
Details of Dividend and Reason for Increase
At the board of directors meeting held on April 9, 2026, Furuno Electric Co., Ltd. resolved to pay a dividend of surplus with the record date of February 28, 2026. The year-end dividend was increased to 85 yen per share, making the annual dividend 160 yen by combining with the interim dividend of 75 yen. The total dividend amount is 2,686 million yen, an increase from 2,369 million yen in the previous period. The reason for the dividend increase is based on aiming for a stable achievement of a consolidated dividend payout ratio of over 30% as set forth in the medium-term management plan, considering profit levels and financial position.
Impact on Shareholders and Future Plans
This dividend proposal will be submitted to the 75th Annual General Meeting of Shareholders scheduled for May 21, 2026, with an effective date of May 22, 2026. The increase in dividend strengthens shareholder returns and signals the continuation of a stable dividend policy. This enhances investors’ expectations of an attractive dividend yield supported by improved profitability and a sound financial foundation.
