Awa Bank Adjusts Dividend Policy to Boost Shareholder Returns

TOKYO, May 15 (Pulse News Wire) – The Awa Bank,ltd. (8388.T) announced changes to its shareholder return policy during today's board meeting.

Under the revised plan, the bank aims to increase dividend payout ratios to more than 40% of parent company attributable net profit, focusing on sustainable growth and per-share dividend increases. Additionally, the bank will flexibly implement share buybacks based on capital efficiency and market conditions.

The adjustments reflect a strategic balance between capital allocation for growth investments and maintaining robust equity, aiming to enhance enterprise value. As part of this shift, the long-term business strategy "Growing beyond 130th" ( fiscal years) now targets a dividend payout ratio of 40% or higher instead of a broader shareholder return rate of 40% or higher.

The updated policy will take effect from the fiscal year 2026 (ending March 2027).