{"id":144733,"date":"2026-11-09T15:00:51","date_gmt":"2026-11-09T06:00:51","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/1938-20261109-04_wp_dividend\/"},"modified":"2026-11-09T15:00:51","modified_gmt":"2026-11-09T06:00:51","slug":"1938-20261109-04_wp_dividend","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-1938\/ir\/1938-20261109-04_wp_dividend\/","title":{"rendered":"Notice Regarding Determination of Surplus Dividend (Interim Dividend), Revision of Year-end Dividend Forecast (Increase) and Change in Shareholder Return Metric Levels"},"content":{"rendered":"<p>At the Board of Directors meeting held on 2026\/11\/09, the interim dividend for the record date 2026\/9\/30 was set at 47 yen. The year-end dividend forecast was revised upward from 50 yen to 60 yen, with annual dividend planned at 107 yen. The DOE shareholder return metric was changed to 4.0% (reflecting ROE target 10% \u00d7 payout ratio 40%).<\/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":"1938","jir_company_name":"Nippon Rietec Co.,Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-11-09","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/11\/1938-20261109-04.pdf","jir_short_summary":"At the Board of Directors meeting held on 2026\/11\/09, the interim dividend for the record date 2026\/9\/30 was set at 47 yen. The year-end dividend forecast was revised upward from 50 yen to 60 yen, with annual dividend planned at 107 yen. The DOE shareholder return metric was changed to 4.0% (reflecting ROE target 10% \u00d7 payout ratio 40%).","jir_summary":"### Dividend Policy and Changes to Interim and Year-end Dividends\nThe Company positions shareholder returns as an important issue and maintains a basic policy of stable dividends and flexible treasury stock acquisitions. For the record date of September 30, 2026, the interim dividend was set at 47 yen and the year-end dividend was revised upward to 60 yen, with the annual dividend planned at 107 yen. The source of dividends is retained earnings. The DOE level has been raised to 4.0%, reflecting an ROE target of 10% \u00d7 a payout ratio of 40%.\n\n### Shareholder Return Metrics and Outlook\nBecause ROE is expected to exceed 9%, DOE was raised from 3.6% to 4.0%. Going forward, the Company will implement flexible capital allocation considering earnings forecasts and the financial position. Together with announced earnings forecast revisions, the Company aims to steadily and progressively enhance shareholder returns.","jir_financial_highlights":"Dividend per Share (Interim): 47 yen\nYear-end Dividend per Share: 60 yen (Previous forecast 50 yen \u2192 Revised to 60 yen)\nTotal Annual Dividend per Share: 107 yen\nSource of Dividend: Retained earnings\nShareholder Return Metric DOE: 4.0% (Changed from 3.6%)","jir_category":"","jir_hashtags":"#NipponRietec, #Dividend, #ShareholderReturns","jir_key_figures":"Dividend per Share: 47 yen (interim)\nYear-end Dividend per Share: 60 yen\nAnnual Dividend per Share: 107 yen\nDOE: 4.0%","jir_meta_title":"Nippon Rietec Co.,Ltd. \u2014 Dividend Increase and Change to Shareholder Return Metric\uff5cNovember 9, 2026","jir_meta_description":"Nippon Rietec Co.,Ltd. announced on November 9, 2026 that the interim dividend for the record date September 30, 2026 will be 47 yen, the year-end dividend has been increased to 60 yen, bringing the annual dividend to 107 yen. DOE is changed to 4.0%. The company strengthens stable and progressive shareholder returns.","jir_og_title":"Nippon Rietec Co.,Ltd. \u2014 Dividend Increase and Change to Shareholder Return Metric\uff5cNovember 9, 2026","jir_og_description":"Nippon Rietec Co.,Ltd. increased the interim dividend to 47 yen and the year-end dividend to 60 yen, totaling 107 yen annually, and raised DOE to 4.0%, announcing a strengthened shareholder return policy.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17184,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"dividend","footnotes":""},"sector":[],"importance":[],"class_list":["post-144733","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 Regarding Determination of Surplus Dividend (Interim Dividend), Revision of Year-end Dividend Forecast (Increase) and Change in Shareholder Return Metric Levels - 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-1938\/ir\/1938-20261109-04_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-1938\/ir\/1938-20261109-04_wp_dividend\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-1938\/ir\/1938-20261109-04_wp_dividend\/\",\"name\":\"Notice Regarding Determination of Surplus Dividend (Interim Dividend), Revision of Year-end Dividend Forecast (Increase) and Change in Shareholder Return Metric Levels - Japan IR\",\"isPartOf\":{\"@id\":\"https:\/\/japanir.jp\/en\/#website\"},\"datePublished\":\"2026-11-09T06:00:51+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-1938\/ir\/1938-20261109-04_wp_dividend\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/japanir.jp\/en\/company\/company-1938\/ir\/1938-20261109-04_wp_dividend\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-1938\/ir\/1938-20261109-04_wp_dividend\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/japanir.jp\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Notice Regarding Determination of Surplus Dividend (Interim Dividend), Revision of Year-end Dividend Forecast (Increase) and Change in Shareholder Return Metric Levels\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/japanir.jp\/en\/#website\",\"url\":\"https:\/\/japanir.jp\/en\/\",\"name\":\"Japan IR\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/japanir.jp\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Notice Regarding Determination of Surplus Dividend (Interim Dividend), Revision of Year-end Dividend Forecast (Increase) and Change in Shareholder Return Metric Levels - 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