Toho Holdings Co., Ltd. (TSE:8129) has revised its dividend forecast for the 2026 fiscal year, increasing the year-end dividend to JPY 120/share from JPY 75/share, representing a 60% rise.

Item Before After Change
Year-end Dividend JPY 75/share JPY 120/share +JPY 45/share (+60%)
Annual Dividend JPY 120/share JPY 165/share +JPY 45/share (+37.5%)

The revision follows the company’s mid-term management plan, “Next Generation to Soar,” which aims to achieve total shareholder return of over 100% and a dividend payout ratio of over 4%. This increase aligns with the company’s commitment to stable dividend growth, raising the previous forecast of JPY 75/share by JPY 45/share.

Toho Holdings Co., Ltd. emphasized its continued focus on shareholder returns, indicating it will maintain a consistent approach to dividend distribution in line with its strategic objectives. The revised forecast reflects the company’s confidence in its financial performance and long-term growth prospects.