TODA KOGYO CORP. Announces Dividend Distribution

Source disclosure: February 10, 2026

TODA KOGYO CORP. [410A.T]

TOKYO, Feb 10 (Pulse News Wire) -- GMO Commerce Co., Ltd. (410A.T), represented by President Masato Yamane, announced on Friday that it has revised its dividend forecast for fiscal year 2026 due to an increase in the number of outstanding shares as a result of stock option exercises during the period. The company maintains its commitment to shareholder returns, aiming for a stable dividend payout ratio of 65%.

The board of directors meeting held on February 10 decided to adjust the per-share dividend payment from the previously anticipated 43 yen and 5 sen to 40 yen and 30 sen for the final quarter of the fiscal year. Despite this reduction, the total dividend amount remains unchanged from the previous forecast, indicating no alteration in the company's stance towards rewarding shareholders.

GMO Commerce reported that while the current fiscal performance is expected to exceed initial projections, the exercise of new share subscription rights mid-year led to a higher-than-expected number of outstanding shares. This adjustment ensures that the overall dividend payout aligns with the increased share count without compromising the company’s dividend policy.

For reference, the company's latest forecast released on November 12, 2025, indicated a net income of 342.79 billion yen and a total dividend amount of 22.2826 billion yen based on 5.5292 million outstanding shares. After the revision, the forecasted net income stands at 342.137 billion yen, with the total dividend amount slightly reduced to 22.2389 billion yen, considering the updated share count of 5.1648 million shares.

Additionally, the company underwent a share split on April 11, 2025, where each ordinary share was divided into 666 ordinary shares. As a result, the dividend per share for the fiscal year ending December 2024, before the split, was recorded as 40.30 yen. Adjusting for the split, the dividend per share becomes 33.62 yen.

The announcement also highlighted the actual dividends paid out in the previous fiscal year, which amounted to 22,392.77 yen per share.

AI-translated content. 🟡 Confidence: Standard See terms •