ITFOR Inc. has introduced a progressive dividend policy targeting a consolidated payout ratio of 50% and a total return ratio of over 70%, to be applied from the year-end dividend for the fiscal year ending March 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Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-02-12","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/02\/4743-20260212-02.pdf","jir_short_summary":"ITFOR Inc. has introduced a progressive dividend policy targeting a consolidated payout ratio of 50% and a total return ratio of over 70%, to be applied from the year-end dividend for the fiscal year ending March 2026.","jir_summary":"### Details of the Change in Dividend Policy\nAt the board meeting held on February 12, 2026, ITFOR Inc. resolved to change its dividend policy by setting a target consolidated payout ratio of 50% and a total return ratio of over 70%. Furthermore, to strengthen shareholder returns, the company decided to newly introduce progressive dividends. This establishes a basic policy of providing stable and continuous dividends based on business performance and financial conditions while more clearly demonstrating its commitment to shareholder returns.\n\n### Timing of Application and Impact on Investors\nThis change will be applied from the year-end dividend for the fiscal year ending March 2026. With the introduction of progressive dividends, dividend amounts may increase when business performance improves, offering shareholders stable and growth-linked returns. Clear target settings for the consolidated payout ratio and total return ratio are expected to contribute to improved transparency in shareholder returns.","jir_financial_highlights":"Consolidated Payout Ratio: 50% (New Target Set)\nTotal Return Ratio: Over 70% (New Target Set)\nProgressive Dividends: Introduced (Newly Added)","jir_category":"","jir_hashtags":"#ITFORInc, #DividendPolicyChange, #ProgressiveDividends, #JapaneseStocks","jir_key_figures":"Consolidated Payout Ratio: 50% (Target)\nTotal Return Ratio: Over 70% (Target)\nProgressive Dividends: Introduced (Applicable from year-end dividend for fiscal year ending March 2026)","jir_meta_title":"ITFOR Inc. Announces Target of 50% Consolidated Payout Ratio and Introduction of Progressive Dividends","jir_meta_description":"ITFOR Inc. will strengthen shareholder returns by introducing progressive dividends targeting a 50% consolidated payout ratio and over 70% total return ratio from the year-end dividend for the fiscal year ending March 2026.","jir_og_title":"ITFOR Inc. Announces Introduction of Progressive Dividends and Change in Dividend Policy","jir_og_description":"Setting targets of 50% consolidated payout ratio and over 70% total return ratio, progressive dividends will be applied from the year-end dividend for the fiscal year ending March 2026.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17484,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"dividend","footnotes":""},"sector":[],"importance":[],"class_list":["post-28538","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n