Source disclosure: February 06, 2026
TAYCA CORPORATION [4027.T]
TOKYO — TAYCA Corporation on Monday announced revisions to its mid-term business plan "MOVING-10 STAGE 2" and an increase in dividend expectations following a board meeting held earlier today. The company also decided to alter its shareholder return policy.
The corporation, led by President and CEO Junji Dei, disclosed that it is currently reviewing its previously announced mid-term business plan from May 10, 2024. This review aims to address the evolving external environment characterized by prolonged geopolitical risks leading to sustained high raw material prices, among other uncertainties. As a result of these challenges, TAYCA anticipates its own capital return on equity (ROE) will remain around two percent this fiscal year, while the price-to-book ratio (PBR) is expected to stay below one.
In light of these conditions, TAYCA has determined that enhancing sustainable corporate value and enriching shareholder returns must be key priorities. Consequently, the company plans to implement fundamental measures including a new dividend policy centered on a linked shareholder capital payout rate (DOE) of 3.0%, as well as more aggressive share buybacks. These changes will form part of a revised mid-term business plan scheduled for release in May 2026.
Regarding dividends for the current fiscal year ending March 2026, TAYCA has raised its annual dividend forecast per share to ¥60, up from the previous estimate of ¥40. Specifically, the final dividend per share will now stand at ¥40, marking a ¥20 increase over the prior projection. For comparison, last year's actual dividend was ¥38 per share.
Looking ahead, TAYCA intends to further refine its approach to shareholder returns starting from the next fiscal period beginning April 2027. Key adjustments include setting a target of acquiring shares worth up to ¥25 billion by the end of the fiscal year ending March 2027. Details regarding subsequent periods from April 2028 through March 2030 will be released alongside the new mid-term business plan in May 2026.
Note: Financial figures from the earnings presentation have been removed pending correction. For accurate figures, refer to the company's earnings summary (kessan tanshin) filed separately on TDNet.
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