Osaka Steel Co., Ltd.
Notice of Revision of Dividend Forecast for Fiscal Year Ending March 2027
Osaka Steel has revised the dividend forecast for the fiscal year ending March 2027 to undetermined, and has revised the second quarter-end dividend to no dividend. Considering business performance and earthquake damages, the year-end dividend is undecided. The dividend payout ratio is aimed to be around 30%.
Key Figures
- Dividend forecast: Undetermined
- Second quarter-end dividend: 0 Yen (no dividend)
- Dividend payout ratio: Around 30%
AI要約
Overview of Business Performance
Osaka Steel has revised the dividend forecast for the fiscal year ending March 2027 to undetermined, and has decided to pay no dividends for the second quarter-end. This reflects the impact of losses related to the withdrawn PT. KRAKATAU OSAKA STEEL, and the company has reviewed its dividend policy based on business trends and the damage situation from the Kumamoto earthquake.
Impact on Shareholders and Future Outlook
Due to the revision of the dividend forecast, shareholder return is currently undecided. The company plans to determine the year-end dividend based on future business performance and earthquake damage investigation results. With an aim to maintain a payout ratio of around 30%, the company intends to pursue appropriate shareholder returns considering business environment and financial position.
Osaka Steel Co., Ltd.
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