SWCC Corporation Revises Dividend Forecast on Stock Split
SWCC Corporation (TSE:5805) has revised its dividend forecast for the fiscal year ending March 2027 to reflect a planned 1-for-5 stock split effective September 30, 2026.
| Item | Before | After | Change |
|---|---|---|---|
| Interim Dividend | JPY 140.00/share | JPY 140.00/share | No change |
| Year-end Dividend | JPY 171.00/share | JPY 34.20/share | Adjusted for split |
| Annual Dividend | JPY 311.00/share | — | — |
The revision is a mechanical adjustment stemming from the company’s planned 1-for-5 stock split. The interim dividend remains unchanged at JPY 140.00 per share because it is calculated on the pre-split share count. The year-end dividend has been adjusted to JPY 34.20 per share to reflect the post-split share count, maintaining the same total dividend payout in absolute terms. The total annual dividend amount remains unaltered from the previous forecast.
The stock split is designed to lower the investment unit and broaden accessibility to a wider investor base. Since the revision represents only a proportional adjustment tied to the increased share count, the economic benefit to shareholders remains unchanged. Investors holding shares before and after the split will receive equivalent total dividend payments relative to their ownership stake.
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.