The Yamanashi Chuo Bank,Ltd. Revises Dividend Forecast — Stock Split Adjustment
The Yamanashi Chuo Bank,Ltd. (TSE:8360) has revised its dividend forecast for the fiscal year ending March 2027 to reflect a planned five-for-one stock split, with the year-end dividend per share declining 80% while the interim dividend remains unchanged.
| Item | Before | After | Change |
|---|---|---|---|
| Interim Dividend | JPY 81.50/share | JPY 81.50/share | JPY 0.00/share (0%) |
| Year-end Dividend | JPY 81.50/share | JPY 16.30/share | JPY −65.20/share (−80.0%) |
| Annual Dividend | JPY 163.00/share | — | — |
The revision stems from the bank’s execution of a one-for-five stock split effective September 30, 2026. The interim dividend, paid before the split date, is calculated on the pre-split share count and therefore remains at JPY 81.50 per share. The year-end dividend, distributed after the split, is adjusted to JPY 16.30 per share to reflect the five-fold increase in outstanding shares. This technical adjustment preserves the total dividend payout on a per-share basis when accounting for the expanded share count.
The revision carries no material impact on shareholder returns. The total cash dividend distribution remains unchanged in absolute terms; the per-share reduction is purely a mechanical consequence of the stock split. Investors holding shares through the split will receive proportionally equivalent distributions. The interim-to-year-end dividend split reflects standard Japanese corporate practice, where regional banks typically distribute earnings semi-annually.
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.