World Co., Ltd.
Notice Regarding Change in Dividend Policy
From the fiscal year ending February 2027, the dividend policy will be revised to adopt a progressive dividend policy targeting whichever is higher between a payout ratio of 40% or a dividend on equity (DOE) of 5%.
Key Figures
- Payout Ratio: 40% or higher (criterion for progressive dividend policy)
- Dividend on Equity (DOE): 5% or higher (criterion for progressive dividend policy)
- Effective Date of Dividend Policy Change: From fiscal year ending February 2027
AI要約
Details of Dividend Policy Change
At the Board of Directors meeting held on April 3, 2026, World Co., Ltd. resolved to revise its dividend policy. Previously, dividends were determined comprehensively considering internal reserves and shareholder returns based on business performance. Under the new policy, while preparing for future business development and sustainable growth, a progressive dividend policy will be adopted targeting whichever is higher between a payout ratio of 40% or a dividend on equity (DOE) of 5%. Additionally, shareholder return measures such as stock splits, share buybacks, and cancellation will be actively implemented to maximize shareholder value and corporate value.
Background and Effective Date of Change
The background of this change includes a plan in the mid-term management plan 'PLAN-W' post-COVID-19 pandemic, which aimed to raise the payout ratio from 30% to 40% gradually starting from the fiscal year ending February 2026, in line with financial soundness improvements. In the newly announced mid-term management plan 'VISION-W', alongside advancing investments for sustainable growth and capital enhancement, the dividend policy will be strengthened by adopting a progressive dividend approach premised on dividend increases in line with profit growth. The change will be applied from the fiscal year ending February 2027.
