Totech Corporation

9960.T
Electronic Components
2026/08/21 Updated
Market Cap: $949.2M (¥150.9B)
Stock Price: $23.15 (¥3,680)
Exchange Rate: 1 USD = ¥158.98

【ToTech】Change in Dividend Policy|2026-05-14

ToTech Corporation announced a change in its dividend policy starting from the fiscal year ending March 2027, shifting from a consolidated payout ratio of 40% to a payout ratio of 6% of net assets (DOE) plus a progressive dividend, aiming for sustainable shareholder returns.

Importance:
Page Updated: May 14, 2026
IR Disclosure Date: May 14, 2026

Key Figures

  • Timing of dividend policy application: Fiscal year ending March 2027
  • New dividend indicator: DOE (net asset return rate) 6% + progressive dividend
  • Previous target payout ratio: 40% of consolidated payout ratio

AI要約

Change in Dividend Policy

On May 14, 2026, ToTech Corporation’s Board of Directors approved a change in its dividend policy. The company will shift from a continuous and stable dividend target based on a consolidated payout ratio of 40% to a policy during the second mid-term management plan period that uses a net asset return rate (DOE) of 6% plus a progressive dividend, implementing dividends that are unaffected by profit fluctuations. The new policy will be applied from the fiscal year ending March 2027.

Shareholder Returns and Future Outlook

This change in dividend policy reflects the company's commitment to rewarding shareholders as a key management policy, aiming for sustainable shareholder returns. ToTech will continue to target stable dividends while enhancing operational efficiency and financial strength, with the goal of increasing long-term shareholder value. The company also plans to implement dividend policies linked to performance to earn investor trust.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

ToTech Corporation

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