Source disclosure: January 16, 2026
First Brothers Co., Ltd. [3454.T]
TOKYO, Jan 16 (Pulse News Wire) -- First Brothers Co., Ltd. (3454.T), represented by President and CEO Yoshihara Tomonori, announced today that its board of directors, which convened on January 16, 2026, has resolved to distribute dividends based on the balance sheet as of November 30, 2025. The company's articles of incorporation allow the board to decide matters related to dividend distribution under Article 459, Paragraph 1 of the Companies Act.
According to the announcement, the dividend per share will be set at ¥35.00, up from ¥34.00 in the previous year. This decision brings the total dividend payout to ¥490 million for the fiscal year ending November 30, 2025. The effective date for this dividend payment is February 6, 2026, and it will be funded from retained earnings.
First Brothers' dividend policy aims to provide continuous and stable returns to shareholders. Given the nature of its business, particularly real estate transactions, the company’s performance can fluctuate significantly due to the timing of such deals. Therefore, rather than linking dividends directly to net income, the company bases its dividend decisions on the Dividend Outflow to Equity (DOE) ratio, targeting a DOE rate of 2.0%. Following this strategy, the board decided to pay an end-of-year dividend of ¥35 per share for the fiscal year ended November 30, 2025.
For reference, the annual dividend breakdown shows that during the fiscal year ending November 30, 2025, the interim dividend was ¥0.00 per share, while the final dividend stands at ¥35.00 per share, totaling ¥35.00 per share annually. In comparison, for the fiscal year ending November 30, 2024, the interim dividend was ¥33.00 per share, and the final dividend was ¥34.00 per share, summing up to ¥67.00 per share annually.
The total dividend payout amounts to ¥490 million. The record date is 2025-11-30.
The payment will be effective 2026-02-06.
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