Dividend information

Dividend policy

TAKAOKA TOKO recognizes that shareholder returns as one of its most important management priorities. Our basic dividend policy is performance-linked. Dividends are paid based on profit attributable to owners of parent, with a target consolidated payout ratio of approximately 40%.

In cases where profit attributable to owners of parent fluctuates significantly due to non-recurring or extraordinary factors, the Company may determine the dividend amount taking such factors into consideration.

Internal reserves will be allocated primarily to research and development and capital investments in areas where medium- to long-term business expansion is expected, with the aim of strengthening product competitiveness and enhancing corporate value.

TAKAOKA TOKO intends to pay dividends from surplus twice a year, consisting of an interim dividend and a year-end dividend.

This policy was reviewed at the meeting of the Board of Directors held on April 28, 2026. In order to further enhance shareholder returns, the target consolidated payout ratio will be raised from 30% to 40%. The revised dividend policy will be applied from the fiscal year ending March 31, 2027.

Meanwhile, decisions on interim and year-end dividends are made by the Board of Directors and at the General Meeting of Shareholders, respectively.

Dividend data