Source disclosure: February 05, 2026
SUIDO KIKO KAISHA,LTD. [6403.T]
TOKYO, Feb 5 (Kyodo) - Suido Kiko Co., Ltd. announced on Sunday that its board of directors has decided to forego the final dividend payout for the fiscal year ending March 31, 2026, contingent upon the successful completion of a tender offer by Metawater Corp. The company's decision follows a special meeting held earlier today.
The board also expressed support for the tender offer and recommended shareholders participate in it. This move is based on the assumption that the tender offer will lead to the delisting of Suido Kiko's shares. Details of the tender offer and related capital business tie-up between Metawater and Toray Industries Inc. were previously disclosed in a separate press release issued by the company.
Suido Kiko had initially forecasted a per-share dividend of 55 yen for both interim and final payouts during the current fiscal year. However, due to the conditions set forth by Metawater regarding the tender offer, which does not include any dividends for the period, the company revised its dividend outlook to zero yen per share for both interim and final payments.
This adjustment reflects the company’s commitment to maintaining long-term stable operations while balancing shareholder returns according to performance indicators. Despite this policy, the board concluded that withholding dividends aligns with the terms proposed by Metawater for the tender offer process. The previous fiscal year saw a total dividend payment of 55 yen per share, split evenly between interim and final distributions.
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