Morito has raised its consolidated return on equity (DOE) to 5.0% starting from the November 2027 term, while continuing with progressive and stable dividends, and has set a DOE target of 6.0% for fiscal year 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Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-07-14","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/07\/9837-20260714-04.pdf","jir_short_summary":"Morito has raised its consolidated return on equity (DOE) to 5.0% starting from the November 2027 term, while continuing with progressive and stable dividends, and has set a DOE target of 6.0% for fiscal year 2031.","jir_summary":"### Change in Basic Policy on Profit Distribution\nMorito has reviewed its basic policy on profit distribution towards the final year of the 9th Medium-term Management Plan, emphasizing capital efficiency and earnings growth. Starting from the November 2027 fiscal year, the consolidated return on equity (DOE) will be raised to 5.0%, with a target of 6.0% by FY2031. This policy aims to realize stable and continuous dividends, achieve a progressive dividend policy, and enhance transparency and sustainability of shareholder returns.\n\n### Impact on Shareholders and Future Outlook\nThis change in policy is designed to improve dividend yield and corporate value for shareholders. The expected dividend for FY2025 is 36.00 yen. Through revising its capital policy, the company aims to strengthen long-term shareholder returns, improve profitability, and sustainably enhance corporate value.","jir_financial_highlights":"Consolidated return on equity (DOE): Unknown (Raised to 5.0% starting from the November 2027 term)\nFinal year DOE target of the 9th Medium-term Management Plan: 6.0% (Newly established)\nDividend per share: 36.00 yen (forecast) (Expected increase from 70.00 yen in the November 2025 term)","jir_category":"","jir_hashtags":"#Morito, #ProfitDistributionPolicyChange, #JapaneseStocks","jir_key_figures":"Consolidated return on equity (DOE): 5.0% (applying from FY2027 November term)\nFinal year DOE target of the 9th Medium-term Management Plan: 6.0%\nDividend per share: 36.00 yen (forecast for FY2026 November term)","jir_meta_title":"\u3010Morito\u3011Dividend Policy Review\uff5cApplicable from the November 2027 Term","jir_meta_description":"Morito has raised the consolidated return on equity (DOE) to 5.0% from the November 2027 fiscal year and will continue with progressive and stable dividends. The DOE target for FY2031 is 6.0%.","jir_og_title":"\u3010Morito\u3011Dividend Policy Review\uff5cApplicable from the November 2027 Term","jir_og_description":"Morito has revised its dividend policy, setting DOE at 5.0% from FY2027 and a final target of 6.0%. The company aims to strengthen shareholder returns.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17494,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"dividend","footnotes":""},"sector":[],"importance":[],"class_list":["post-80246","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n