February 12, 2025
DOWA HOLDINGS CO., LTD.
DOWA HOLDINGS CO., LTD. (“the Company”) has revised its dividends forecasts for the fiscal year ending March 31, 2025. Details are as follows:
1. Revisions of Dividends Forecasts
|
Annual dividends |
|||||
|
1st quarter-end (Yen) |
2nd quarter-end (Yen) |
3rd quarter-end (Yen) |
4th quarter-end (Yen) |
Total (Yen) |
|
|
Previous Forecasts (Announced on May 10, 2024) |
- |
- |
- |
130.00 |
130.00 |
|
Revised Forecasts |
- |
- |
- |
150.00 |
150.00 |
|
Previous Fiscal Year Results (Year Ended Mar. 31, 2024) |
- |
- |
- |
130.00 |
130.00 |
2. Reasons for the Revisions
The Company aims to enhance its corporate value through the implementation of the “Midterm Plan 2024”, and regards the payment of dividends to shareholders as one of its top management priorities. Based on the dialogue with the capital market for the enhancement of corporate value, the Company has decided to revise its annual dividends for the fiscal year ending March 31, 2025, to 150 yen per share, an increase of 20 yen from the dividends forecast announced on May 10, 2024 (130 yen per share). This dividend forecast is based on a consolidated dividend payout ratio of 30% (annual basis).
