MIRARTH HOLDINGS,Inc.

8897.T
Real Estate - Development
2026/08/23 Updated
Market Cap: $384.1M (¥61.1B)
Stock Price: $2.87 (¥457)
Exchange Rate: 1 USD = ¥158.98

Notice Regarding Change in Shareholder Return Policy

The dividend payout ratio standard has been revised from the previous 35–40% to the higher of 35–40% or DOE 3.5%, and from the second fiscal year onward, the policy is set not to pay less than 21 yen per share, effective from the fiscal year ending March 2026 year-end dividend.

Importance:
Page Updated: March 9, 2026
IR Disclosure Date: March 9, 2026

Key Figures

  • Dividend Payout Ratio Standard: The higher of 35–40% or DOE 3.5%
  • Dividend per Share: 21 yen (set not to fall below from second fiscal year onward)
  • Effective Start: From the fiscal year ending March 2026 year-end dividend

AI要約

Reason for Change in Shareholder Return Policy

The Company positions shareholder profit return as a critical management issue and has pursued stable dividends as a basic policy aiming for sustainable growth. In light of the price-to-book ratio falling below 1, and while advancing risk management enhancement and updating management structures, the Company decided to introduce a new DOE (Dividend on Equity) indicator and revise the dividend payout ratio standards to maintain stable and continuous returns regardless of profit levels.

Details of the Change and Effective Period

Previously, dividends were based on a payout ratio of 35–40%, but under the revised policy, dividends will be decided based on the higher of a 35–40% payout ratio or DOE of 3.5%. Furthermore, from the second fiscal year onward, the dividend per share will not fall below 21 yen. These changes will take effect from the fiscal year ending March 2026 year-end dividend, with no changes to the year-end dividend forecast itself.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

MIRARTH Holdings Corporation

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