Rengo Co., Ltd. has established a basic capital policy starting from the fiscal year ending March 2027, aimed at improving capital efficiency and strengthening shareholder returns, including share buybacks totaling 40 billion yen.<\/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":"3941","jir_company_name":"Rengo Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-04-24","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/3941-20260424-02.pdf","jir_short_summary":"Rengo Co., Ltd. has established a basic capital policy starting from the fiscal year ending March 2027, aimed at improving capital efficiency and strengthening shareholder returns, including share buybacks totaling 40 billion yen.","jir_summary":"### Overview of Capital Policy\nBased on the medium-term vision 'Vision120' announced in May 2025, Rengo Co., Ltd. has set the basic policy for a capital policy to be applied from the fiscal year ending March 2027 in order to achieve sustainable growth while maintaining financial soundness. The main measures include generating 60 billion yen through asset disposals by reducing policy holdings and non-core assets, strengthening investment discipline, and gradually conducting share buybacks totaling 40 billion yen. Additionally, the company plans to maintain stable and continuous dividends aiming for a payout ratio of 40% and a DOE of 3%.\n\n### Balancing Shareholder Returns and Financial Soundness\nThis policy aims for shareholder returns within the scope of free cash flow, assuming maintenance of credit ratings and financial soundness indicators. Investment decisions will emphasize capital cost awareness and rigorous selection of projects based on profitability and recoverability. Future implementation of measures will be determined incrementally by the Board of Directors considering business environment and financial conditions, with continuous explanations provided in financial result presentations.","jir_financial_highlights":"Share Buyback Limit: Total 40 billion yen (Newly Established)\nAsset Disposal Amount: 60 billion yen (Newly Established)\nDividend Payout Ratio Target: 40% (Newly Established)\nDOE (Dividend on Equity) Floor: 3% (Newly Established)","jir_category":"","jir_hashtags":"#Rengo, #CapitalPolicy, #ShareholderReturns, #ShareBuyback","jir_key_figures":"Total Share Buyback Amount: 40 billion yen (Two-year plan through fiscal year ending March 2028)\nAsset Disposal Amount: 60 billion yen (Reduction of policy holdings and non-core assets)\nDividend Payout Ratio Target: 40%, DOE Floor: 3%","jir_meta_title":"Rengo - New Capital Policy to Improve Capital Efficiency and Strengthen Shareholder Returns\uff5cApril 2026","jir_meta_description":"Rengo Co., Ltd. has established a capital policy starting from the fiscal year ending March 2027, including share buybacks totaling 40 billion yen and asset disposals totaling 60 billion yen, aiming for a dividend payout ratio of 40% and a DOE of 3% to enhance shareholder returns.","jir_og_title":"Rengo - New Capital Policy to Improve Capital Efficiency and Strengthen Shareholder Returns\uff5cApril 2026","jir_og_description":"Rengo Co., Ltd. announced the basic capital policy to be applied from the fiscal year ending March 2027. The plan includes share buybacks of 40 billion yen and asset disposals totaling 60 billion yen to strengthen shareholder returns.","jir_og_image_url":"\/assets\/og\/company-capital_policy.jpg","jir_chart_data_collection":"[]","ir_related_company":8141,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"capital_policy","footnotes":""},"sector":[],"importance":[],"class_list":["post-42375","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n