Noritz Corporation
Notice Regarding Dividend of Surplus
The year-end dividend for the fiscal year ending December 2025 has been raised to 39 yen per share, with total dividends amounting to 1,790 million yen. The annual dividend is 74 yen, higher than the previous fiscal year.
Key Figures
- Year-end dividend per share: 39.00 yen (Increased by 3 yen from the recent forecast)
- Total dividends: 1,790 million yen (Increased from 1,677 million yen in the previous fiscal year)
- Annual dividend per share: 74.00 yen (Increased from 69 yen the previous year)
AI要約
Details of Dividend Decision
Noritz Corporation has decided on a year-end dividend of 39 yen per share as of the record date December 31, 2025, totaling 1,790 million yen in dividends. This represents a 3 yen increase from the recent dividend forecast and is also higher than the previous fiscal year’s 36 yen. The annual dividend amounts to 74 yen, up from 69 yen the prior year. The dividend source is retained earnings, and the effective date is March 30, 2026.
Dividend Policy and Future Outlook
The company aims to pay dividends based on whichever is higher between a consolidated payout ratio of 50% or a consolidated dividend on equity (DOE) of 2.5%. The current dividend increase takes into account the consolidated performance and net asset balance for the fiscal year ending December 2025. The company expresses its commitment to maintaining stable dividends going forward, which is expected to strengthen shareholder returns.
