Toho Co., Ltd.
Notice Regarding Dividend from Surplus (Dividend Increase)
The year-end dividend for the fiscal year ending February 2026 is increased from 62.5 yen per share to 67.5 yen, resulting in an annual dividend of 110 yen and a consolidated payout ratio of 35.9%.
Key Figures
- Year-End Dividend (per share): 67.5 yen (increase of 5 yen)
- Annual Dividend (per share): 110 yen (including interim dividend of 42.5 yen)
- Total Dividends: 11,331 million yen
AI要約
Details of Dividend Decision
Toho Co., Ltd. resolved at its board meeting that the year-end dividend as of the record date of February 28, 2026, will be 67.5 yen per share. This is an increase of 5 yen from the previously announced forecast of 62.5 yen on January 14, 2026, with the total dividend amounting to 11,331 million yen. This amount is based on the number of shares before the stock split (1 share → 5 shares). Combined with the interim dividend of 42.5 yen, the annual dividend is 110 yen, resulting in a consolidated payout ratio of 35.9%.
Dividend Policy and Future Outlook
The company’s 'Toho Group Medium-Term Management Plan 2028' sets a target payout ratio of over 35% with a minimum annual dividend of 85 yen. The dividend increase for the fiscal year ending February 2026 reflects strong performance in the fourth quarter. The dividend forecast for the fiscal year ending February 2027 is set at 22 yen annually (equivalent to 110 yen in pre-stock split terms). Based on its shareholder return policy, the company plans to continue flexible dividend policies going forward.
