The Shikoku Bank, Ltd. [8387.T]
TOKYO, Apr 13 (Pulse News Wire) – The Shikoku Bank, Ltd. (8387.T) announced today that its board of directors has approved changes to the dividend policy aimed at enhancing shareholder returns.
Under the revised plan, the bank targets a payout ratio of more than 40% percent of net profit compared to the previous target of over 30% percent. Additionally, the bank will adopt a flexible approach to share buybacks based on economic conditions and financial status. The adjustments reflect the bank's commitment to strengthening its capital base through appropriate internal reserves while improving shareholder returns.
The new policy aligns with the group’s medium-term management plan for fiscal 2026, which takes into account projected earnings and capital position. The updated dividend strategy will take effect from the fiscal year beginning April 1, 2026. Details on the per-share dividend for the fiscal year ending March 2027, including interim and final payments, will be disclosed alongside the annual results scheduled for release in May 2026.
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