Nippon Rietec Co.,Ltd.

1938.T
Engineering & Construction
2026/11/09 12:01 Updated
Market Cap: $364.3M (¥57.6B)
Stock Price: $14.70 (¥2,326)
Exchange Rate: 1 USD = ¥158.23

Notice Regarding Determination of Surplus Dividend (Interim Dividend), Revision of Year-end Dividend Forecast (Increase) and Change in Shareholder Return Metric Levels

At the Board of Directors meeting held on 2026/11/09, the interim dividend for the record date 2026/9/30 was set at 47 yen. The year-end dividend forecast was revised upward from 50 yen to 60 yen, with annual dividend planned at 107 yen. The DOE shareholder return metric was changed to 4.0% (reflecting ROE target 10% × payout ratio 40%).

Importance:
Page Updated: November 9, 2026
IR Disclosure Date: November 9, 2026

Key Figures

  • Dividend per Share: 47 yen (interim)
  • Year-end Dividend per Share: 60 yen
  • Annual Dividend per Share: 107 yen
  • DOE: 4.0%

AI要約

Dividend Policy and Changes to Interim and Year-end Dividends

The Company positions shareholder returns as an important issue and maintains a basic policy of stable dividends and flexible treasury stock acquisitions. For the record date of September 30, 2026, the interim dividend was set at 47 yen and the year-end dividend was revised upward to 60 yen, with the annual dividend planned at 107 yen. The source of dividends is retained earnings. The DOE level has been raised to 4.0%, reflecting an ROE target of 10% × a payout ratio of 40%.

Shareholder Return Metrics and Outlook

Because ROE is expected to exceed 9%, DOE was raised from 3.6% to 4.0%. Going forward, the Company will implement flexible capital allocation considering earnings forecasts and the financial position. Together with announced earnings forecast revisions, the Company aims to steadily and progressively enhance shareholder returns.

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

Nippon Rietec Co.,Ltd.

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