Tokai Carbon has revised its shareholder return policy, raising the payout ratio to 40%, and has amended its 2026 dividend forecast to 40 yen. 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It also outlined plans to reduce policy holdings of shares and acquire treasury stock.","jir_summary":"### Change in Shareholder Return Policy\nTokai Carbon has enhanced shareholder returns by increasing the payout ratio from 30% to 40%, adopting a progressive dividend policy based on adjusted DOE. This aims to achieve stable and sustainable dividends, improve capital efficiency, and promote flexible treasury stock acquisitions.\n\n### Revision of Dividend Outlook and Future Policies\nThe dividend forecast for the fiscal year ending December 2026 has been increased from 30 yen to 40 yen. This adjustment reflects consideration of business performance and the management environment, aiming to strengthen shareholder returns and enhance capital policy flexibility. The company also plans to reduce policy-held shares, decreasing holdings by 70% by the end of 2028, and will aim to keep the ratio of policy-held shares to net assets at approximately 3%, utilizing both share sales and treasury stock acquisitions to enhance shareholder value.","jir_financial_highlights":"Dividend forecast for the fiscal year ending December 2026 (per share): 40 yen (Increase from previous forecast of 30 yen)\nBalance of policy-held shares: Unknown (Scheduled to reduce approximately 70% compared to the fiscal year ending December 2025)\nRatio of policy-held shares to net assets: Approximately 3% (Scheduled to decrease compared to the fiscal year ending December 2025)","jir_category":"","jir_hashtags":"#TokaiCarbon, #IRType, #JapanStocks","jir_key_figures":"Dividend forecast for the fiscal year ending December 2026: 40 yen (increase)\nBalance of policy-held shares: Unknown (scheduled to reduce approximately 70% compared to the fiscal year ending December 2025)\nRatio of policy-held shares to net assets: Approximately 3% (scheduled to decrease)","jir_meta_title":"\u3010Tokai Carbon\u3011Shareholder Return and Dividend Revision\uff5cMay 2026","jir_meta_description":"Tokai Carbon has revised its shareholder return policy, raising the dividend forecast to 40 yen. It also plans to reduce policy-held shares and acquire treasury stock to enhance corporate value.","jir_og_title":"\u3010Tokai Carbon\u3011Shareholder Return and Dividend Revision\uff5cMay 2026","jir_og_description":"Tokai Carbon has changed its shareholder return policy, revising the dividend forecast to 40 yen. It promotes reduction of policy-held shares and treasury stock acquisitions to aim for sustainable growth.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8924,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-49458","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n