{"id":66018,"date":"2026-06-19T11:33:13","date_gmt":"2026-06-19T02:33:13","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/6905-20260619-04_wp_dividend\/"},"modified":"2026-06-19T11:33:13","modified_gmt":"2026-06-19T02:33:13","slug":"6905-20260619-04_wp_dividend","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-6905\/ir\/6905-20260619-04_wp_dividend\/","title":{"rendered":"Notice of Change in Dividend Policy"},"content":{"rendered":"<p>Our company emphasizes shareholder returns and has changed its policy to reduce the payout ratio and stabilize shareholder return. Details regarding the specific dividend amounts and reasons for the change are also provided.<\/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":"6905","jir_company_name":"Cousel Corporation","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-06-19","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/06\/6905-20260619-04.pdf","jir_short_summary":"Our company emphasizes shareholder returns and has changed its policy to reduce the payout ratio and stabilize shareholder return. Details regarding the specific dividend amounts and reasons for the change are also provided.","jir_summary":"### Change in Dividend Policy\n\n\n### Future Dividend Policy and Shareholder Return\nWith this change in dividend policy, our company will continue to provide stable dividends while increasing flexibility in profit allocation. Specifically, we will consider increasing dividends based on profit conditions and management environment, aiming to maximize shareholder value. Moving forward, we will maintain financial soundness and implement appropriate dividends to meet shareholder expectations.","jir_financial_highlights":"Shareholder Return on Equity (DOE): Raised from 3.5% to 4.5% (YoY +1.0 percentage points)","jir_category":"","jir_hashtags":"#CouselCorporation, #DividendPolicy, #JapaneseStocks","jir_key_figures":"Dividend increase rate: 1.0 percentage points (raising DOE from 3.5% to 4.5%)\nChange date of dividend policy: May 2027\nReason for change: Enhancement of corporate value and stabilization of shareholder return","jir_meta_title":"\u3010Cousel\u3011Change in Dividend Policy | Strengthening Shareholder Return with Increased DOE in May 2027","jir_meta_description":"Cousel has revised its dividend policy to enhance shareholder return by increasing the payout ratio. Details and future policy are explained.","jir_og_title":"\u3010Cousel\u3011Change in Dividend Policy | Strengthening Shareholder Return with Increased DOE in May 2027","jir_og_description":"Cousel has changed its dividend policy and increased its DOE. We explain in detail about stabilizing shareholder return and future dividend policies.","jir_og_image_url":"\/assets\/og\/company-dividend.jpg","jir_chart_data_collection":"[]","ir_related_company":17556,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"dividend","footnotes":""},"sector":[],"importance":[],"class_list":["post-66018","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-6905\/ir\/6905-20260619-04_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-6905\/ir\/6905-20260619-04_wp_dividend\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-6905\/ir\/6905-20260619-04_wp_dividend\/\",\"name\":\"Notice of Change in Dividend Policy - 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