{"id":81431,"date":"2026-07-15T16:31:22","date_gmt":"2026-07-15T07:31:22","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/6505-20260715-04_wp_dividend\/"},"modified":"2026-07-15T16:31:22","modified_gmt":"2026-07-15T07:31:22","slug":"6505-20260715-04_wp_dividend","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-6505\/ir\/6505-20260715-04_wp_dividend\/","title":{"rendered":"Announcement of Change in Dividend Policy | July 2026"},"content":{"rendered":"<p>Toyodore Manufacturing Corporation will revise its dividend policy, adopting a minimum payout ratio of over 40% and a shareholder capital dividend rate of 3.0% starting from the fiscal year ending May 2027, and will introduce interim dividends. The fiscal year ending May 2026 will follow the previous policy.<\/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":"6505","jir_company_name":"Toyodore Manufacturing Corporation","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-07-15","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/07\/6505-20260715-04.pdf","jir_short_summary":"Toyodore Manufacturing Corporation will revise its dividend policy, adopting a minimum payout ratio of over 40% and a shareholder capital dividend rate of 3.0% starting from the fiscal year ending May 2027, and will introduce interim dividends. The fiscal year ending May 2026 will follow the previous policy.","jir_summary":"### Change in Dividend Policy\nToyodore Manufacturing Corporation will adopt a new dividend policy from the fiscal year ending May 2027, targeting a payout ratio of over 40% and a shareholder capital dividend rate of 3.0% as minimums, aimed at enhancing shareholder returns. This marks a shift from its previous consistent and stable dividend approach, with the fiscal year ending May 2026 following the existing policy. Additionally, interim dividends will be newly introduced to increase opportunities for shareholder profit sharing.\n\n### Impact on Shareholders and Future Outlook\nThe revision of the dividend policy is expected to improve shareholder returns and increase capital policy flexibility. The introduction of interim dividends will allow shareholders to receive profits more frequently, potentially enhancing investment attractiveness. The company aims to maintain stable dividends while balancing growth and shareholder returns in the future.","jir_financial_highlights":"Timing of Change in Dividend Policy: Applicable from the fiscal year ending May 2027 (Implementation of new policy)\nInterim Dividend Implementation: Unknown (Adding interim dividends to the previous annual payout)","jir_category":"","jir_hashtags":"#ToyodoreManufacturing, #DividendPolicy, #JapaneseStocks","jir_key_figures":"Payout ratio: over 40% (new policy)\nShareholder capital dividend rate: 3.0% (new policy)\nIntroduction of interim dividends: from fiscal year ending May 2027","jir_meta_title":"\u3010Toyodore Manufacturing\u3011Review of Dividend Policy | July 2026","jir_meta_description":"Toyodore Manufacturing will introduce a new dividend policy with a payout ratio over 40% and a shareholder capital dividend rate of 3.0% from fiscal year ending May 2027, along with the start of interim dividends, strengthening shareholder returns.","jir_og_title":"\u3010Toyodore Manufacturing\u3011Review of Dividend Policy | July 2026","jir_og_description":"Toyodore Manufacturing revises its dividend policy, introduces interim dividends and announces a new policy. Aims to strengthen shareholder returns and enhance investment attractiveness.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":57833,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"dividend","footnotes":""},"sector":[],"importance":[],"class_list":["post-81431","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>Announcement of Change in Dividend Policy | July 2026 - 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-6505\/ir\/6505-20260715-04_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-6505\/ir\/6505-20260715-04_wp_dividend\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-6505\/ir\/6505-20260715-04_wp_dividend\/\",\"name\":\"Announcement of Change in Dividend Policy | July 2026 - 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