Source disclosure: February 26, 2026, 15:30 JST
KITZ CORPORATION [6498.T]
TOKYO, Feb 26 (Pulse News Wire) -- Kitz Corporation (6498.T), led by President and CEO Shin Kono, announced today that its board of directors has resolved to distribute dividends based on the fiscal year ending December 31, 2025. The company plans to pay out a dividend of ¥32 per share, totaling ¥2.792 billion. This decision was made during a board meeting held on February 26, 2026, with the effective date set for March 11, 2026.
Kitz Corporation aims to enhance shareholder returns as a critical component of its business strategy. In addition to considering current performance trends, the company is committed to balancing dividend payments with future growth initiatives such as equipment investment, development spending, and potential mergers and acquisitions (M&A). Furthermore, the company must also ensure adequate reserves for debt repayment and bond redemption. To achieve this balance, Kitz Corporation seeks to maintain both the continuity and stability of its dividend policy while bolstering internal funds.
The company's dividend payout ratio for the consolidated accounts will target more than 40% of the parent company shareholders' net income for the period. For the final dividend of the current fiscal year, Kitz Corporation decided to allocate ¥32 per share, bringing the total annual dividend per share to ¥53 when combined with the interim dividend of ¥21 per share. As a result, the overall dividend payout ratio stands at 40.2%.
For reference, the breakdown of the annual dividend is as follows:
- Per-share dividend for the second quarter end: ¥21
- Final dividend per share: ¥32
- Total annual dividend per share: ¥53
This compares to last year’s figures where the per-share dividend for the second quarter end was ¥19 and the final dividend was ¥27, resulting in an annual dividend of ¥46 per share for the fiscal year ended December 31, 2024.
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