{"id":78743,"date":"2026-07-10T17:47:24","date_gmt":"2026-07-10T08:47:24","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/7523-20260710-02_wp_dividend\/"},"modified":"2026-07-10T17:47:24","modified_gmt":"2026-07-10T08:47:24","slug":"7523-20260710-02_wp_dividend","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-7523\/ir\/7523-20260710-02_wp_dividend\/","title":{"rendered":"Notice Regarding Revision of Interim and Year-End Dividend Forecast for the Fiscal Year Ending March 2027 (No Dividend)"},"content":{"rendered":"<p>Based on the condition of the takeover bid succeeding, the Company discloses a revision to the dividend forecast for the fiscal year ending March 2027, setting both interim and year-end dividends at 0 yen. The dividend policy aims for a stable, high level, but will be 0 yen if the takeover is realized.<\/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":"7523","jir_company_name":"ArBIVAN Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-07-10","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/07\/7523-20260710-02.pdf","jir_short_summary":"Based on the condition of the takeover bid succeeding, the Company discloses a revision to the dividend forecast for the fiscal year ending March 2027, setting both interim and year-end dividends at 0 yen. The dividend policy aims for a stable, high level, but will be 0 yen if the takeover is realized.","jir_summary":"### Revision of dividend forecast and background\nThe Company has revised the dividend forecast for the fiscal year ending March 2027 to 0 yen for both interim and year-end dividends, contingent on the success of the tender offer. This reflects the nature of a management buyout (MBO) and the shareholder solicitation resolution. While aiming to strengthen financial stability and internal reserves, the priority is to prepare for future business development. The decision to revise the dividend is based on a comprehensive assessment, including payout ratio.\n\n### Outlook and shareholder response\nThis matter is conditional on the tender offer's success, and shareholders are encouraged to tender for the offer. The delisting risk and any changes to the current dividend policy depend significantly on the progress and final outcome of the tender offer. While considering financial position, earnings level, and payout ratio, the Company aims to strengthen retained earnings and maintain a framework capable of delivering as high a dividend as feasible on a stable basis.","jir_financial_highlights":"Annual dividend: 0\u5186 (Previous forecast 60 yen (annual) \u2192 Current forecast 0 yen)\nEnd of Q2: 0\u5186 (Previous forecast 30 yen \u2192 0 yen)\nYear-end: 0\u5186 (Previous forecast 30 yen \u2192 0 yen)","jir_category":"","jir_hashtags":"#ArVivan Co., Ltd., #Dividend, #MBO","jir_key_figures":"Annual dividend: 0\u5186\nEnd of Q2: 0\u5186\nYear-end: 0\u5186","jir_meta_title":"ArVivan Co., Ltd. Dividend Forecast Revision: Interim and Year-end Dividends for FY2027 Forecasted at 0 yen \u2013 Tender Offer Assumed","jir_meta_description":"ArVivan revises interim and year-end dividends for the FY ending March 2027 to 0 yen, contingent on the tender offer. Key points on future dividend policy, shareholder response, and tender offer prospects are outlined.","jir_og_title":"ArVivan Dividend Forecast Revision to 0 yen \u2013 Tender Offer Assumed","jir_og_description":"ArVivan revises the dividend forecast for the fiscal year ending March 2027 to 0 yen. This explains the background to the shareholder response and the assumption of tender offer success.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":58299,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"dividend","footnotes":""},"sector":[],"importance":[],"class_list":["post-78743","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 Regarding Revision of Interim and Year-End Dividend Forecast for the Fiscal Year Ending March 2027 (No Dividend) - 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-7523\/ir\/7523-20260710-02_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-7523\/ir\/7523-20260710-02_wp_dividend\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-7523\/ir\/7523-20260710-02_wp_dividend\/\",\"name\":\"Notice Regarding Revision of Interim and Year-End Dividend Forecast for the Fiscal Year Ending March 2027 (No Dividend) - Japan IR\",\"isPartOf\":{\"@id\":\"https:\/\/japanir.jp\/en\/#website\"},\"datePublished\":\"2026-07-10T08:47:24+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-7523\/ir\/7523-20260710-02_wp_dividend\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/japanir.jp\/en\/company\/company-7523\/ir\/7523-20260710-02_wp_dividend\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-7523\/ir\/7523-20260710-02_wp_dividend\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/japanir.jp\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Notice Regarding Revision of Interim and Year-End Dividend Forecast for the Fiscal Year Ending March 2027 (No Dividend)\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/japanir.jp\/en\/#website\",\"url\":\"https:\/\/japanir.jp\/en\/\",\"name\":\"Japan IR\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/japanir.jp\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Notice Regarding Revision of Interim and Year-End Dividend Forecast for the Fiscal Year Ending March 2027 (No Dividend) - Japan IR","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/japanir.jp\/en\/company\/company-7523\/ir\/7523-20260710-02_wp_dividend\/","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/japanir.jp\/en\/company\/company-7523\/ir\/7523-20260710-02_wp_dividend\/","url":"https:\/\/japanir.jp\/en\/company\/company-7523\/ir\/7523-20260710-02_wp_dividend\/","name":"Notice Regarding Revision of Interim and Year-End Dividend Forecast for the Fiscal Year Ending March 2027 (No Dividend) - Japan IR","isPartOf":{"@id":"https:\/\/japanir.jp\/en\/#website"},"datePublished":"2026-07-10T08:47:24+00:00","breadcrumb":{"@id":"https:\/\/japanir.jp\/en\/company\/company-7523\/ir\/7523-20260710-02_wp_dividend\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/japanir.jp\/en\/company\/company-7523\/ir\/7523-20260710-02_wp_dividend\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/japanir.jp\/en\/company\/company-7523\/ir\/7523-20260710-02_wp_dividend\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/japanir.jp\/en\/"},{"@type":"ListItem","position":2,"name":"Notice Regarding Revision of Interim and Year-End Dividend Forecast for the Fiscal Year Ending March 2027 (No Dividend)"}]},{"@type":"WebSite","@id":"https:\/\/japanir.jp\/en\/#website","url":"https:\/\/japanir.jp\/en\/","name":"Japan IR","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/japanir.jp\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"related_company_data":{"id":"58299","title":"ART VIVANT CO LTD","ticker":"7523"},"_links":{"self":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release\/78743","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release"}],"about":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/types\/ir_release"}],"replies":[{"embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/comments?post=78743"}],"version-history":[{"count":0,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release\/78743\/revisions"}],"wp:attachment":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/media?parent=78743"}],"wp:term":[{"taxonomy":"sector","embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/sector?post=78743"},{"taxonomy":"importance","embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/importance?post=78743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}