House Foods Group Inc. [2810.T]
TOKYO, May 11 (Pulse News Wire) – House Foods Group Inc. (2810.T) resolved to amend its dividend distribution policy at a board meeting held .
The changes aim to enhance shareholder returns while maintaining a robust financial foundation. The revised policy introduces the Debt Over Equity (DOE) ratio as a key indicator, reflecting the company's commitment to sustainable and stable profit distribution. Under the new framework, the group will target a minimum DOE ratio of ３%. Additionally, the company plans to implement progressive dividends based on this metric, supplemented by flexible share repurchases considering market conditions and cash flow.
The updated dividend distribution policy will take effect starting from the fiscal year ending March 2027. Previously, the company aimed for a payout ratio of 40% and annual dividends per share of ¥46 or more. In the eighth medium-term plan, the firm had also planned to reduce treasury stock holdings and execute self-share purchases amounting to ¥15.00 billion to achieve a payout ratio of 50% or higher. This shift underscores the company’s focus on balancing capital efficiency and shareholder value enhancement.
🟡 Confidence: Standard AI-translated content.