The Company revised its dividend forecast for FY 2027 ending March 2027 to zero and resolved to pay no dividends. The change in shareholder return policy is due to the tender offer.<\/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":"1948","jir_company_name":"Koden Corporation","jir_importance":"\u2605\u2605\u2606\u2606\u2606","jir_publication_date":"2026-05-25","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/05\/1948-20260525-01.pdf","jir_short_summary":"The Company revised its dividend forecast for FY 2027 ending March 2027 to zero and resolved to pay no dividends. The change in shareholder return policy is due to the tender offer.","jir_summary":"### Revision of Dividend Policy and Background\nThe Company has revised its dividend forecast for FY 2027 ending March 2027 to 0.00 yen and decided not to pay interim or year-end dividends. This is a measure associated with the support of the tender offer and the anticipated delisting of the Company\u2019s shares. The previous dividend policy emphasized shareholder returns, but due to the tender offer, a review of the policy has become necessary.\n\n### Impact on Shareholders and Future Outlook\nThe revision of dividends will temporarily halt shareholder returns. Future shareholder return strategies and business plans are undecided; attention should be paid to the corporate structure and business development after the completion of the tender offer. Investors need to consider the risks of share dilution and delisting while assessing the Company\u2019s long-term strategy.","jir_financial_highlights":"Annual Dividends: 0.00 yen (Revised from the previous forecast of 50.00 yen)\nInterim Dividends: None (Decided not to pay interim dividends)\nYear-end Dividends: None (Decided not to pay year-end dividends)","jir_category":"","jir_hashtags":"#KodenCorporation #DividendRevision #JapaneseStocks","jir_key_figures":"Dividend forecast: 0.00 yen (previous forecast 50.00 yen)\nDecided not to pay interim or year-end dividends\nDividend revision date: 2026-05-13","jir_meta_title":"\u3010Uncertain\u3011Dividend Forecast Revision\uff5cMay 2026","jir_meta_description":"The Company revised its dividend forecast for FY 2027 ending March 2027 to zero and resolved to pay no dividends. Detailed explanation of the change in shareholder return policy due to the tender offer is provided.","jir_og_title":"\u3010Uncertain\u3011Dividend Forecast Revision\uff5cMay 2026","jir_og_description":"The Company revised its dividend forecast to zero and decided not to pay dividends. This article details the impact on shareholders and future prospects.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17474,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"dividend","footnotes":""},"sector":[],"importance":[],"class_list":["post-54518","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n