Moriya Corporation Raises Dividend Forecast for Fiscal 2026
Moriya Corporation (TSE:1798) has increased its year-end dividend forecast for the fiscal year ending March 2026, signaling strengthened shareholder returns aligned with its medium-term management plan.
| Item | Before | After | Change |
|---|---|---|---|
| Annual Dividend (Year-end) | JPY 150.00/share | JPY 180.00/share | +JPY 30.00/share (+20.0%) |
| Regular Dividend (Year-end) | JPY 120.00/share | JPY 150.00/share | +JPY 30.00/share (+25.0%) |
| Commemorative Special Dividend (Year-end) | JPY 30.00/share | JPY 30.00/share | 0.00 (+0.0%) |
The company raised its year-end dividend by JPY 30.00 per share, comprising a JPY 30.00 increase in regular dividend and a JPY 30.00 commemorative special dividend marking the company’s 110th anniversary. Management cited its medium-term management plan spanning fiscal 2026 through 2028, which targets a dividend payout ratio of 30 percent or higher by fiscal 2028. The revision reflects a comprehensive assessment of the company’s financial performance and balance sheet strength, demonstrating commitment to stable and enriched profit distribution.
The dividend increase underscores Moriya Corporation’s confidence in operational momentum and reinforces its capital allocation strategy centered on shareholder value creation. The move signals management’s intent to enhance price-to-book ratio performance and overall corporate value through consistent shareholder returns. Investors should note that the commemorative special dividend is a one-time payment and should not be extrapolated into future dividend expectations; the regular dividend increase of JPY 30.00 per share represents the sustainable component of the revision.
Source: Original filing (TDnet) | 日本語版
This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.