{"id":35439,"date":"2026-03-19T15:08:38","date_gmt":"2026-03-19T06:08:38","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/6516-20260319-01_wp_capital_policy\/"},"modified":"2026-03-19T15:08:38","modified_gmt":"2026-03-19T06:08:38","slug":"6516-20260319-01_wp_capital_policy","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-6516\/ir\/6516-20260319-01_wp_capital_policy\/","title":{"rendered":"Initiatives Toward Realizing Management Focused on Cost of Capital and Stock Price (Update)"},"content":{"rendered":"<p>Announced a policy to raise the dividend payout ratio from the previous 30% to 50%, implement flexible treasury stock acquisitions, and enhance shareholder returns. The 10th Medium-Term Management Plan is scheduled to be announced in May 2026.<\/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":"6516","jir_company_name":"Sanyo Denki Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-19","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/6516-20260319-01.pdf","jir_short_summary":"Announced a policy to raise the dividend payout ratio from the previous 30% to 50%, implement flexible treasury stock acquisitions, and enhance shareholder returns. The 10th Medium-Term Management Plan is scheduled to be announced in May 2026.","jir_summary":"### Review of Shareholder Return Policy\nSanyo Denki Co., Ltd. has redefined its policy emphasizing shareholder returns while aiming for sustainable corporate value enhancement, securing a stable management foundation, and advancing investments for future growth. The dividend payout ratio is raised from the previous 30% to 50%, and the total return ratio target is set at 50% or more. Additionally, considering financial conditions, capital efficiency, and market environment comprehensively, flexible ongoing treasury stock acquisitions will be conducted.\n\n### Future Outlook and Medium-Term Management Plan\nCurrently, the 10th Medium-Term Management Plan is being formulated, and specific details are scheduled to be disclosed by May 2026. The plan period spans five years from April 2026 to March 2031, with the theme 'Making Time Our Strength.' It aims to strengthen corporate foundations focusing on product development, delivery times, and operational quality. The plan demonstrates a policy to achieve both enhanced shareholder returns and sustainable growth concurrently.","jir_financial_highlights":"Dividend Payout Ratio: 50% (Raised from previous 30%)\nTotal Return Ratio: Targeting 50% or more (Raised from previous target of 35%)\nShare Buyback: Implemented flexibly (Unchanged)\nStock Split: 1:3 (Effective October 1, 2025) (Completed)\nROE Target: Continuously achieving 10% or more (Unchanged)","jir_category":"","jir_hashtags":"#SanyoDenki, #CapitalPolicy, #ShareholderReturns","jir_key_figures":"Dividend Payout Ratio: Raised to approximately 50%\nTotal Return Ratio: Set target at 50% or more\nStock Split: 1:3 (Effective October 1, 2025)","jir_meta_title":"Sanyo Denki Raises Dividend Payout Ratio to 50% Target, Updates Capital Policy to Strengthen Shareholder Returns","jir_meta_description":"Sanyo Denki Announces Policy to Raise Dividend Payout Ratio from 30% to 50%, Targets Over 50% Total Return Ratio, and Implements Flexible Treasury Stock Acquisitions. The 10th Medium-Term Management Plan Is Scheduled for Announcement in May 2026.","jir_og_title":"Sanyo Denki Raises Dividend Payout Ratio to 50% Target, Enhances Shareholder Returns","jir_og_description":"Sanyo Denki Reviews Shareholder Return Policy, Raising Dividend Payout Ratio to 50% and Continuing Treasury Stock Acquisitions, Aiming for Both Sustainable Growth and Enhanced Shareholder Returns.","jir_og_image_url":"\/assets\/og\/company-capital_policy.jpg","jir_chart_data_collection":"[]","ir_related_company":9208,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"capital_policy","footnotes":""},"sector":[],"importance":[],"class_list":["post-35439","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>Initiatives Toward Realizing Management Focused on Cost of Capital and Stock Price (Update) - 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-6516\/ir\/6516-20260319-01_wp_capital_policy\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-6516\/ir\/6516-20260319-01_wp_capital_policy\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-6516\/ir\/6516-20260319-01_wp_capital_policy\/\",\"name\":\"Initiatives Toward Realizing Management Focused on Cost of Capital and Stock Price (Update) - 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