{"id":98329,"date":"2026-08-07T11:14:31","date_gmt":"2026-08-07T02:14:31","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/2501-20260807-03_wp_dividend\/"},"modified":"2026-08-07T11:14:31","modified_gmt":"2026-08-07T02:14:31","slug":"2501-20260807-03_wp_dividend","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-2501\/ir\/2501-20260807-03_wp_dividend\/","title":{"rendered":"Notice regarding changes to shareholder return policy (raising DOE target to 5% or higher and introduction of progressive dividends)"},"content":{"rendered":"<p>Raise the DOE target from the previous 4%+ to 5%+ and introduce a progressive dividend. Continue interim dividend and plan total treasury stock acquisitions of 170 billion yen through 2030. Expand shareholder benefit program as well.<\/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":"2501","jir_company_name":"Sapporo Breweries Limited","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-08-07","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/2501-20260807-03.pdf","jir_short_summary":"Raise the DOE target from the previous 4%+ to 5%+ and introduce a progressive dividend. Continue interim dividend and plan total treasury stock acquisitions of 170 billion yen through 2030. Expand shareholder benefit program as well.","jir_summary":"### Section Heading\nSapporo Breweries, in line with the Mid-Term Management Plan 2027-2030, will revise its shareholder return policy, raise the DOE target to 5% or higher, and introduce a progressive dividend. Interim dividends have already been implemented, and going forward the aim is to expand opportunities for shareholder returns and improve capital efficiency.\n\n### Section 2 Heading\nSpecifically, the company will raise the DOE target, introduce a progressive dividend, implement a treasury stock acquisition policy, and expand the shareholder benefit program. The total dividend is expected to be around 80 billion yen, and treasury stock acquisitions totaling about 170 billion yen are planned through 2030. The expansion of shareholder benefits will also be announced.","jir_financial_highlights":"DOE target: 5%\u4ee5\u4e0a (Raised from previous 4%+)\nTotal dividends (new management plan period): 800 \u5104\u5186\u7a0b\u5ea6 ( Planned for the new management plan period)\nTotal treasury stock acquisitions: 1,700 \u5104\u5186\u7a0b\u5ea6 (Planned to be executed through 2030)","jir_category":"","jir_hashtags":"#SapporoBreweriesShareholderReturn, #DOETarget, #ProgressiveDividend, #TreasuryStockAcquisition, #ShareholderBenefitsExpansion","jir_key_figures":"DOE target: 5% or higher\nTotal dividends (new management plan period): 80 billion yen\nTotal treasury stock acquisitions: 1,700 billion yen","jir_meta_title":"\u3010Sapporo Breweries\u3011 Change in Shareholder Return Policy \uff5c DOE target 5%+, Progressive Dividend, Treasury Stock Acquisition","jir_meta_description":"Sapporo Breweries raises the DOE target to 5%+ in line with the mid-term plan and introduces a progressive dividend. Interim dividends will continue; treasury stock acquisitions total 170 billion yen; shareholder benefits will be expanded. Aimed at improving capital efficiency and shareholder value.","jir_og_title":"Sapporo Breweries Strengthens Shareholder Returns \uff5c DOE 5%+, Progressive Dividend, Treasury Stock Acquisition","jir_og_description":"DOE target raised to 5%+ and progressive dividend introduced. Interim dividend continues; treasury stock acquisitions up to 170 billion yen through 2030. Shareholder benefits expanded.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7758,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"dividend","footnotes":""},"sector":[],"importance":[],"class_list":["post-98329","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 changes to shareholder return policy (raising DOE target to 5% or higher and introduction of progressive dividends) - 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-2501\/ir\/2501-20260807-03_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-2501\/ir\/2501-20260807-03_wp_dividend\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-2501\/ir\/2501-20260807-03_wp_dividend\/\",\"name\":\"Notice regarding changes to shareholder return policy (raising DOE target to 5% or higher and introduction of progressive dividends) - 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