Toei Company, Ltd.
Notice Regarding Change in Dividend Policy
Change the dividend policy to a sustainable, steady dividend aimed at a standalone payout ratio of 30%. Application begins in the fiscal year ending March 2027. The current interim and year-end dividend forecasts for the fiscal year ending March 2027 are 6 yen each, but these may be revised depending on period profitability in line with the policy change.
Key Figures
- Standalone dividend payout ratio: 30％を目途とする
- Interim dividend forecast: 6円（2027年3月期）
- Year-end dividend forecast: 6円（2027年3月期）
AI要約
Change in dividend policy
Toei values shareholder returns while strengthening the management base and financial health, and has changed its policy to aim for a continuous and stable dividend with a standalone payout ratio target of 30%. The rationale explains that, given the characteristics of the entertainment business, dividends linked to period profit and loss are aligned with business characteristics.
Effective date and impact
The new dividend policy applies from the fiscal year ending March 2027, and the interim and year-end dividends for the fiscal year ending March 2027 are currently unchanged at 6 yen each. However, under the new policy, the interim and year-end dividend forecasts may be revised according to the period profitability for the FY2027. The fundamental policy of shareholder returns remains unchanged, with the key point being the clarification of numerical targets.
Toei Co., Ltd.
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