Nagoya Railroad Co., Ltd.

2026/08/23 Updated
Market Cap: $2.4B (¥373.6B)
Stock Price: $11.98 (¥1,905)
Exchange Rate: 1 USD = ¥158.98

Announcement of Change in Dividend Policy | May 15, 2026

Nagoya Railway will change its dividend policy starting from the fiscal year ending March 2027, setting a minimum dividend of 60 yen per share and maintaining a consolidated payout ratio of 30% or higher.

Importance:
Page Updated: May 15, 2026
IR Disclosure Date: May 15, 2026

Key Figures

  • Dividend Amount: 60 yen (minimum dividend)
  • Payout Ratio: 30% or higher
  • Effective from: FY ending March 2027

AI要約

Change in Dividend Policy

Nagoya Railway has revised its dividend policy to prioritize capital efficiency, balancing profit growth and shareholder return stability. From the fiscal year ending March 2027, it will maintain a consolidated payout ratio of 30% or higher while setting the minimum dividend per share at 60 yen. This approach aims to ensure stable shareholder returns while continuing growth investments.

Impact on Shareholders and Future Outlook

With this change in dividend policy, shareholders can expect stable dividends, and there is potential for dividend increases depending on future performance. Nagoya Railway will continue to pursue profit growth and improved capital efficiency to maximize long-term corporate value. The combination of dividend stability and growth investments aims to enhance investor confidence.

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

Nagoya Railway Co., Ltd.

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