NICHIDEN Corporation
Notice of Change in Dividend Policy
Starting from the fiscal year ending March 2027, the consolidated payout ratio will be increased from the previous standard of over 30% to over 50%, with a planned dividend of 100 yen per share.
Key Figures
- Consolidated payout ratio (before change): 30% or more
- Consolidated payout ratio (after change): 50% or more (excluding one-time gains and losses)
- Projected dividend for the fiscal year ending March 2027: 100 yen annually (50 yen at the end of the second quarter, 50 yen at the end of the term), payout ratio 53.7%
AI要約
Purpose of the Change in Dividend Policy
Niden Corporation has decided to revise its dividend policy to enhance shareholder returns while securing sufficient internal reserves for future growth. This decision considers overall capital structure optimization and aims to improve corporate value by balancing investment in growth with shareholder dividends.
Details of the Change and Implementation Timing
The previous standard was a consolidated payout ratio of 30% or more with a minimum dividend of 15 yen per share. The revised standard will be a payout ratio of 50% or more (excluding one-time gains and losses), starting from the fiscal year ending March 2027. The projected annual dividend is 100 yen (50 yen at the end of the second quarter, 50 yen at the end of the term), with an expected payout ratio of 53.7%.
Niden Corporation
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