DCM Holdings Co., Ltd.
Notice Regarding Change in Dividend Policy
From the fiscal year ending February 2027, the company has decided to raise the target consolidated payout ratio from 35% to 40%, aiming to enhance shareholder returns.
Key Figures
- Target Consolidated Payout Ratio: 40% (effective from fiscal year ending February 2027)
- Previous Target Payout Ratio: 35%
- Effective Start Period: Fiscal year ending February 2027
AI要約
Overview of Dividend Policy Change
DCM Holdings Co., Ltd. has traditionally set a target consolidated payout ratio of 35%, balancing growth investment and shareholder returns as key management issues. Considering the stabilization of its earnings base and improved cash generation capabilities, the company resolved to raise the target consolidated payout ratio to 40% to further enhance shareholder returns. This policy aims to proactively increase dividends in line with profit growth.
Balance Between Shareholder Returns and Growth Investment
To continue promoting growth investments primarily through M&A, the company will prioritize capital allocation including share buybacks. While the increased payout ratio strengthens shareholder returns, securing funds for capital expenditures necessary for sustainable growth remains important, and a balanced capital policy will be maintained. The policy will take effect from the fiscal year ending February 2027.
