{"id":129747,"date":"2026-10-13T16:16:28","date_gmt":"2026-10-13T07:16:28","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/3297-20261013-03_wp_dividend\/"},"modified":"2026-10-13T16:16:28","modified_gmt":"2026-10-13T07:16:28","slug":"3297-20261013-03_wp_dividend","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-3297\/ir\/3297-20261013-03_wp_dividend\/","title":{"rendered":"Notice of Revision to Dividend Forecast for Fiscal Year Ending May 2027 (No Dividend) and Abolition of Shareholder Benefit Program"},"content":{"rendered":"<p>Subject to the success of the tender offer, the company resolved not to pay a year-end dividend for the fiscal year ending May 2027. Simultaneously, the shareholder benefit program will be abolished. The dividend revision results in no dividend, and the shareholder benefit will be discontinued after benefits are provided to qualifying shareholders.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"3297","jir_company_name":"Toubujyuhan Co.,Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-13","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/3297-20261013-03.pdf","jir_short_summary":"Subject to the success of the tender offer, the company resolved not to pay a year-end dividend for the fiscal year ending May 2027. Simultaneously, the shareholder benefit program will be abolished. The dividend revision results in no dividend, and the shareholder benefit will be discontinued after benefits are provided to qualifying shareholders.","jir_summary":"### Revision of Dividend Policy and Background\nThe Board of Directors resolved to amend the year-end dividend for the fiscal year ending May 2027 to not be paid, conditional on the successful completion of the tender offer. This policy prioritizes continuity of capital structure assuming full subsidiary status after the tender offer, while securing funds for dividends and maintaining managerial stability.\n\n### Abolition of Shareholder Benefit Program\nUnder the same conditions, the company announced a resolution to abolish the shareholder benefit program with the record date of May 31, 2027. The shareholder benefits for the record date of May 31, 2026 will still be provided. The abolition will be finalized by providing benefits to shareholders recorded in the shareholder register as of May 31, 2026 who meet the eligibility criteria.","jir_financial_highlights":"Annual Dividend (yen): 0.00 (Previous forecast 43.00 yen \u2192 Revised 0.00 yen)\nYear-end Dividend: Unknown (Unknown)","jir_category":"","jir_hashtags":"#Toubujyuhan, #AbolitionOfShareholderBenefits, #NoDividendDecision","jir_key_figures":"Annual Dividend (yen): 0.00\nYear-end Dividend: Unknown\nPrevious Forecast (Published July 14, 2026): 43.00","jir_meta_title":"Toubujyuhan Co.,Ltd. \u2014 Notice of Dividend Revision and Abolition of Shareholder Benefits | Fiscal Year Ending May 2027","jir_meta_description":"Toubujyuhan Co.,Ltd. resolved to revise its dividend forecast for the fiscal year ending May 2027 to no dividend and to abolish its shareholder benefit program. The decision is conditional on the successful tender offer; implications for shareholders are summarized.","jir_og_title":"Toubujyuhan Co.,Ltd. \u2014 Notice of Dividend Revision and Abolition of Shareholder Benefits","jir_og_description":"Revised the dividend forecast for the fiscal year ending May 2027 to no dividend and abolished the shareholder benefit program. Key changes to capital policy assuming tender offer completion are summarized.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":60635,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"dividend","footnotes":""},"sector":[],"importance":[],"class_list":["post-129747","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice of Revision to Dividend Forecast for Fiscal Year Ending May 2027 (No Dividend) and Abolition of Shareholder Benefit Program - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-3297\/ir\/3297-20261013-03_wp_dividend\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-3297\/ir\/3297-20261013-03_wp_dividend\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-3297\/ir\/3297-20261013-03_wp_dividend\/\",\"name\":\"Notice of Revision to Dividend Forecast for Fiscal Year Ending May 2027 (No Dividend) and Abolition of Shareholder Benefit Program - 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