TOKYO, May 13 (Pulse News Wire) – TEAC Corporation (6803.T) announced today that its board of directors has approved a new dividend policy effective April 2026. Under the new three-year plan, the company aims to achieve an operating profit target of ¥850 million in fiscal 2029, which would result in a payout ratio of 20% or higher.
For the interim period until fiscal 2029, TEAC will continue its existing policy of paying dividends when the equity ratio exceeds 25%. The company also plans to maintain internal reserves at appropriate levels while maximizing returns to shareholders through targeted investments in human resources, technology development, and Brand Kachi Koujoutou.
Starting from fiscal 2027, TEAC intends to gradually enhance shareholder returns towards a payout ratio of 20% or higher, contingent upon progress toward achieving its medium-term business plan goals. Details on dividend payments will be disclosed annually based on surplus earnings and overall financial conditions.
Additionally, the company stated that share buybacks will be considered at suitable times, taking into account market conditions and capital efficiency.
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