{"id":16440,"date":"2026-01-08T20:01:59","date_gmt":"2026-01-08T11:01:59","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/6136-20260108-02_wp_dividend-2\/"},"modified":"2026-01-08T20:01:59","modified_gmt":"2026-01-08T11:01:59","slug":"6136-20260108-02_wp_dividend-2","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-6136\/ir\/6136-20260108-02_wp_dividend-2\/","title":{"rendered":"Notice Regarding Change in Shareholder Return Policy"},"content":{"rendered":"<p>From the fiscal year ending November 2026, the dividend policy will be revised from a consolidated payout ratio of over 35% to a basis of the higher between 45% or a DOE (Dividend on Equity) of 3.5%, aiming for stable dividends with an emphasis on capital efficiency.<\/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,"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":"6136","jir_company_name":"OSG Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-01-08","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/6136-20260108-02.pdf","jir_short_summary":"From the fiscal year ending November 2026, the dividend policy will be revised from a consolidated payout ratio of over 35% to a basis of the higher between 45% or a DOE (Dividend on Equity) of 3.5%, aiming for stable dividends with an emphasis on capital efficiency.","jir_summary":"### Details of Change in Shareholder Return Policy\nOSG Corporation resolved at its Board of Directors meeting on January 8, 2026 to revise its shareholder return policy. The previous policy based on a consolidated payout ratio of over 35% will be replaced by a new dividend policy emphasizing capital efficiency, using as a standard the higher of a consolidated payout ratio of 45% or a DOE (Dividend on Equity) of 3.5%. Share buybacks will continue to be conducted as before, considering capital conditions and business performance trends.\n\n### Future Outlook and Effective Date\nThe new policy will be applied from the fiscal year ending November 2026. The company will continue to review its approach to shareholder returns with an emphasis on capital efficiency, aiming to maintain stable dividends and appropriate profit distribution. This is intended to enhance shareholder value.","jir_financial_highlights":"Consolidated Payout Ratio: The higher of 45% or a DOE (Dividend on Equity) of 3.5% (Previously 35% or more)\nDividend on Equity (DOE): 3.5% (Newly established)\nEffective Period: From the fiscal year ending November 2026 (New)","jir_category":"","jir_hashtags":"#OSGCorporation, #DividendRelated, #ShareholderReturnPolicy","jir_key_figures":"Consolidated Payout Ratio: The higher of 45% or DOE 3.5% (after change)\nConsolidated Payout Ratio: 35% or more (before change)\nEffective Starting Period: Fiscal year ending November 2026","jir_meta_title":"OSG Corporation Revises Consolidated Payout Ratio from 35% to 45%, Emphasizing Capital Efficiency in Dividend Policy","jir_meta_description":"From the fiscal year ending November 2026, OSG Corporation will revise its consolidated payout ratio from over 35% to the higher of 45% or a DOE (Dividend on Equity) of 3.5%, implementing stable dividends with a focus on capital efficiency.","jir_og_title":"OSG Corporation Changes Dividend Policy to Emphasize Capital Efficiency","jir_og_description":"Announced policy to aim for stable dividends based on the higher of a consolidated payout ratio of 45% or DOE of 3.5% from the fiscal year ending November 2026.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8920,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"dividend","footnotes":""},"sector":[],"importance":[],"class_list":["post-16440","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 Change in Shareholder Return Policy - 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-6136\/ir\/6136-20260108-02_wp_dividend-2\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-6136\/ir\/6136-20260108-02_wp_dividend-2\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-6136\/ir\/6136-20260108-02_wp_dividend-2\/\",\"name\":\"Notice Regarding Change in Shareholder Return Policy - Japan IR\",\"isPartOf\":{\"@id\":\"https:\/\/japanir.jp\/en\/#website\"},\"datePublished\":\"2026-01-08T11:01:59+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-6136\/ir\/6136-20260108-02_wp_dividend-2\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/japanir.jp\/en\/company\/company-6136\/ir\/6136-20260108-02_wp_dividend-2\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-6136\/ir\/6136-20260108-02_wp_dividend-2\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/japanir.jp\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Notice Regarding Change in Shareholder Return Policy\"}]},{\"@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 Change in Shareholder Return Policy - Japan IR","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/japanir.jp\/en\/company\/company-6136\/ir\/6136-20260108-02_wp_dividend-2\/","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/japanir.jp\/en\/company\/company-6136\/ir\/6136-20260108-02_wp_dividend-2\/","url":"https:\/\/japanir.jp\/en\/company\/company-6136\/ir\/6136-20260108-02_wp_dividend-2\/","name":"Notice Regarding Change in Shareholder Return Policy - Japan IR","isPartOf":{"@id":"https:\/\/japanir.jp\/en\/#website"},"datePublished":"2026-01-08T11:01:59+00:00","breadcrumb":{"@id":"https:\/\/japanir.jp\/en\/company\/company-6136\/ir\/6136-20260108-02_wp_dividend-2\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/japanir.jp\/en\/company\/company-6136\/ir\/6136-20260108-02_wp_dividend-2\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/japanir.jp\/en\/company\/company-6136\/ir\/6136-20260108-02_wp_dividend-2\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/japanir.jp\/en\/"},{"@type":"ListItem","position":2,"name":"Notice Regarding Change in Shareholder Return Policy"}]},{"@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"}]}},"related_company_data":{"id":"8920","title":"OSG CORP","ticker":"6136"},"_links":{"self":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release\/16440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release"}],"about":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/types\/ir_release"}],"replies":[{"embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/comments?post=16440"}],"version-history":[{"count":0,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release\/16440\/revisions"}],"wp:attachment":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/media?parent=16440"}],"wp:term":[{"taxonomy":"sector","embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/sector?post=16440"},{"taxonomy":"importance","embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/importance?post=16440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}