KAWADA TECHNOLOGIES,INC. [3443.T]
TOKYO, May 12 (Pulse News Wire) – Kawada Technologies,inc. (3443.T) announced changes to its shareholder return policy at a board meeting held on May 12, 2026.
The revised policy targets a dividend payout ratio of 30% percent, excluding non-recurring special factors from consolidated net income attributable to parent shareholders. Additionally, the company set a total return target of 50% percent during the fourth medium-term management plan period from fiscal 2026 through 2028. The adjustments also include raising the minimum annual dividend per share to ¥35 during the plan's duration. Previously, the company aimed for a payout ratio of 30% percent and a minimum dividend of ¥90 annually under the third medium-term plan.
The modifications reflect the company’s commitment to enhancing shareholder returns while balancing future growth opportunities and investment needs. Kawada Technologies will implement the updated policy beginning with the fiscal year ending March 2027. Details of the fourth medium-term management plan can be found in today’s separate press release. The recent stock split, effective April 1, 2026, at a rate of three shares for one ordinary share, impacts the calculation of the new minimum dividend per share.
Post-split, the minimum dividend stands at ¥35; pre-split, it would have been ¥105.
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