TOKYO, May 12 (Pulse News Wire) – THE Oita Bank,ltd. (8392.T) revised its dividend policy during a board meeting held, aiming to enhance shareholder returns while maintaining stable operations.
Under the new strategy, the bank plans to target a total payout ratio of more than 35% percent of parent company shareholders' net income, with a focus on increasing dividends to over 30% percent. Additionally, the bank intends to implement progressive dividends based on profit growth and opportunistic share repurchases. Starting from the fiscal year 2026 (ending March 2027), the adjusted policy will take effect.
The decision reflects the bank's commitment to strengthening its financial foundation through efficient management and increased internal reserves. Considering the progress made in enhancing its financial structure, the bank believes the updated approach will further enrich shareholder benefits. For the fiscal year ending March 2027, the bank anticipates distributing a dividend of ¥50 per share, equivalent to ¥250 per share pre-share split, marking an increase of ¥80 compared to the previous year.
The bank conducted a five-for-one stock split effective April 1, 2026, which impacts the calculation of the dividend amount.
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