Tokai Carbon Co., Ltd.
【Tokai Carbon】Change in Shareholder Return Policy and Dividend Revision｜May 2026
Tokai Carbon has revised its shareholder return policy, raising the payout ratio to 40%, and has amended its 2026 dividend forecast to 40 yen. It also outlined plans to reduce policy holdings of shares and acquire treasury stock.
Key Figures
- Dividend forecast for the fiscal year ending December 2026: 40 yen (increase)
- Balance of policy-held shares: Unknown (scheduled to reduce approximately 70% compared to the fiscal year ending December 2025)
- Ratio of policy-held shares to net assets: Approximately 3% (scheduled to decrease)
AI要約
Change in Shareholder Return Policy
Tokai Carbon has enhanced shareholder returns by increasing the payout ratio from 30% to 40%, adopting a progressive dividend policy based on adjusted DOE. This aims to achieve stable and sustainable dividends, improve capital efficiency, and promote flexible treasury stock acquisitions.
Revision of Dividend Outlook and Future Policies
The dividend forecast for the fiscal year ending December 2026 has been increased from 30 yen to 40 yen. This adjustment reflects consideration of business performance and the management environment, aiming to strengthen shareholder returns and enhance capital policy flexibility. The company also plans to reduce policy-held shares, decreasing holdings by 70% by the end of 2028, and will aim to keep the ratio of policy-held shares to net assets at approximately 3%, utilizing both share sales and treasury stock acquisitions to enhance shareholder value.
Tokai Carbon Co., Ltd.
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