{"id":45334,"date":"2026-05-08T13:30:22","date_gmt":"2026-05-08T04:30:22","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/9902-20260508-03_wp_dividend\/"},"modified":"2026-05-08T13:30:22","modified_gmt":"2026-05-08T04:30:22","slug":"9902-20260508-03_wp_dividend","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-9902\/ir\/9902-20260508-03_wp_dividend\/","title":{"rendered":"Notice of Change in Dividend Policy"},"content":{"rendered":"<p>Starting from the fiscal year ending March 2027, the consolidated payout ratio will be increased from the previous standard of over 30% to over 50%, with a planned dividend of 100 yen per share.<\/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 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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":"9902","jir_company_name":"Niden Corporation","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-05-08","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/05\/9902-20260508-03.pdf","jir_short_summary":"Starting from the fiscal year ending March 2027, the consolidated payout ratio will be increased from the previous standard of over 30% to over 50%, with a planned dividend of 100 yen per share.","jir_summary":"### Purpose of the Change in Dividend Policy\nNiden Corporation has decided to revise its dividend policy to enhance shareholder returns while securing sufficient internal reserves for future growth. This decision considers overall capital structure optimization and aims to improve corporate value by balancing investment in growth with shareholder dividends.\n\n### Details of the Change and Implementation Timing\nThe previous standard was a consolidated payout ratio of 30% or more with a minimum dividend of 15 yen per share. The revised standard will be a payout ratio of 50% or more (excluding one-time gains and losses), starting from the fiscal year ending March 2027. The projected annual dividend is 100 yen (50 yen at the end of the second quarter, 50 yen at the end of the term), with an expected payout ratio of 53.7%.","jir_financial_highlights":"Consolidated payout ratio (before change): 30% or more (Previous standard)\nEarnings per share (before change): 15 yen (lower limit) (Previous standard)\nConsolidated payout ratio (after change): 50% or more (excluding one-time gains and losses) (New standard)\nProjected dividend per share for the fiscal year ending March 2027: Annual 100 yen (50 yen at the end of the second quarter, 50 yen at the end of the term) (Based on new policy)\nProjected consolidated payout ratio (2027\u5e743\u6708\u671f): 53.7% (Forecast)","jir_category":"","jir_hashtags":"#NidenCorporation, #DividendPolicyChange, #DividendIncrease, #JapanStocks","jir_key_figures":"Consolidated payout ratio (before change): 30% or more\nConsolidated payout ratio (after change): 50% or more (excluding one-time gains and losses)\nProjected dividend for the fiscal year ending March 2027: 100 yen annually (50 yen at the end of the second quarter, 50 yen at the end of the term), payout ratio 53.7%","jir_meta_title":"\u3010Niden Corporation\u3011Increases Dividend Payout Ratio to Over 50%\uff5cMay 2026","jir_meta_description":"Niden Corporation has revised its dividend policy from the fiscal year ending March 2027, increasing the payout ratio to over 50%, with an estimated annual dividend of 100 yen. Enhancing shareholder returns.","jir_og_title":"\u3010Niden Corporation\u3011Increases Dividend Payout Ratio to Over 50%\uff5cMay 2026","jir_og_description":"Niden Corporation has changed its dividend policy starting from the fiscal year ending March 2027, with a payout ratio of over 50% and an annual dividend of 100 yen.","jir_og_image_url":"\/assets\/og\/company-dividend.jpg","jir_chart_data_collection":"[]","ir_related_company":16896,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"dividend","footnotes":""},"sector":[],"importance":[],"class_list":["post-45334","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 of Change in Dividend 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-9902\/ir\/9902-20260508-03_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-9902\/ir\/9902-20260508-03_wp_dividend\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-9902\/ir\/9902-20260508-03_wp_dividend\/\",\"name\":\"Notice of Change in Dividend Policy - 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