Source disclosure: February 10, 2026
AWA PAPER & TECHNOLOGICAL COMPANY,Inc. [3896.T]
TOKYO, Feb 10 (Pulse News Wire) -- AWA Paper & Technological Company, Inc. (3896.T), led by Chairman and President Miki Yasuhiko, announced today that it has revised its dividend forecast for the fiscal year ending March 2026 to zero, marking a significant change from previous expectations. The decision was made during a board meeting held on February 10, 2026.
The company's latest forecast shows no planned dividends for either the mid-year interim period or the final quarter, resulting in an overall annual dividend payout of ¥0. This revision contrasts sharply with the earlier announcement made on May 13, 2025, where the dividend amount had been left unspecified due to uncertain business conditions.
Miki Yasuhiko explained that while the company values shareholder returns as a critical aspect of its operations, the current state of affairs necessitates prioritizing internal reserves for future growth and strengthening the company’s operational foundation. After thorough consideration of the current fiscal performance and financial health, the board concluded that maintaining adequate internal resources is more crucial than distributing dividends at this time.
The company expressed deep regret over this decision and pledged to work towards resuming dividend payments as soon as possible, urging continued support from shareholders during this transitional phase.
AI-translated content. 🟡 Confidence: Standard See terms •
Dividend forecast revisionDividend revised
Prior forecast (annual)
n/a
Revised forecast (annual)
¥0.00
Prior year: ¥0.00 per share
Source: TDNet filing · Per-share amounts in yen