Okura Industrial Co., Ltd.
Notice Regarding Change in Dividend Policy
Okura Industrial Co., Ltd. has revised its dividend policy during the Medium-Term Management Plan (2027) period, raising the consolidated dividend on equity (DOE) from 3.5% to 4.0%, applicable to the fiscal years ending December 2026 and December 2027.
Key Figures
- Consolidated Dividend on Equity (DOE): Around 4.0% (raised from previous 3.5%)
- Payout Ratio: 30% or higher (no change)
- Applicable Period: Fiscal years ending December 2026 and December 2027
AI要約
Details of the Change in Dividend Policy
At the Board of Directors meeting held on February 12, 2026, Okura Industrial Co., Ltd. revised its dividend policy during the Medium-Term Management Plan (2027) period. Previously targeting a consolidated DOE level of 3.5%, the target has been raised to approximately 4.0%. The payout ratio will be maintained at 30% or higher. The company positions shareholder returns as its highest management priority and adopts stable dividends as its basic policy.
Reason for Change and Applicable Period
In light of the increased likelihood of achieving the Medium-Term Management Plan (2027), the dividend policy was reviewed to further enhance shareholder returns. The new dividend policy is scheduled to be applied to the fiscal years ending December 2026 and December 2027. This is expected to strengthen profit returns to shareholders.
