Shareholder return strategy of Shinpo Industries <6458> 1. Dividend policy Regarding dividends, the policy is to actively return profits to shareholders while aiming to strengthen financial soundness and expand business. As for internal retained earnings, the policy is to utilize them for strengthening management and future business development. The company pays dividends on an interim and year-end basis. As mentioned above, as part of the company's strategic plan "move.2027", it has strengthened shareholder returns, and aims to increase the dividend payout ratio from approximately 40% in the March 2024 period to 50% or more after the March 2025 period, with a minimum of DOE 3.5%. Additionally, it plans to purchase its own shares up to 10 billion yen (or 5,000 thousand shares) over the next five years. Based on the above dividend policy, it significantly increased the dividend payout for the March 2024 period to 105.0 yen per share (35.0 yen for interim and 70.0 yen for year-end). It also plans to significantly increase the dividend payout to 135.0 yen per share (45.0 yen for interim and 90.0 yen for year-end) for the March 2025 period.
1. Dividend policy Regarding dividends, the policy is to actively return profits to shareholders while aiming to strengthen financial soundness and expand business. As for internal retained earnings, the policy is to utilize them for strengthening management and future business development. The company pays dividends on an interim and year-end basis. As mentioned above, as part of the company's strategic plan "move.2027", it has strengthened shareholder returns, and aims to increase the dividend payout ratio from approximately 40% in the March 2024 period to 50% or more after the March 2025 period, with a minimum of DOE 3.5%. Additionally, it plans to purchase its own shares up to 10 billion yen (or 5,000 thousand shares) over the next five years. Based on the above dividend policy, it significantly increased the dividend payout for the March 2024 period to 105.0 yen per share (35.0 yen for interim and 70.0 yen for year-end). It also plans to significantly increase the dividend payout to 135.0 yen per share (45.0 yen for interim and 90.0 yen for year-end) for the March 2025 period.
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Special privilege for shareholders who hold 100 or more shares for one year or more
2. Shareholder Benefits See above
The company has established a shareholder benefit program and will present a 1,000 yen book card to shareholders who hold at least one unit (100 shares) of the company's stock for one year or more as of March 31 each year. Shareholders who hold more than 1000 shares will be presented with one of the original benefit catalog's products worth 5,000 yen.
(Author: FISCO guest analyst Nobumitsu Miyata)