TOKYO, Apr 24 (Pulse News Wire) – Rengo CO.,LTD. (3941.T) outlined its capital policy aimed at enhancing shareholder value through improved capital efficiency and increased returns.
The policy, effective from the fiscal year beginning April 1, 2026, focuses on reducing non-core assets and accelerating divestitures of policy-held shares while maintaining financial health. Key strategies include optimizing asset liquidity to enhance capital efficiency, strengthening investment discipline, and expanding dividend payouts. Specifically, the company plans to implement staged share repurchases totaling up to ¥40.00 billion over two years ending March 2028, subject to periodic review based on financial conditions and stock price levels.
Additionally, Rengo targets a dividend payout ratio of 40% percent and a minimum Dividend Yield on Equity (DOE) of 3% percent. The company also emphasized maintaining credit ratings and ensuring free cash flow remains within sustainable limits without excessive debt accumulation. Detailed implementation schedules and updates on capital allocation and shareholder returns will be communicated through future earnings presentations.
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