Friday, June 6, 2025
FOR IMMEDIATE RELEASEKanamoto Co., Ltd. | |
Stock Code 9678 | |
Tokyo Stock Exchange Prime Market, Sapporo Stock Exchange | |
President and CEO | Tetsuo Kanamoto |
Director and Corporate Officer, Division Manager, Accounting Division and General Manager, Public Relations Office | Shun Hirose |
Telephone: +81-11-209-1631 | |
Kanamoto Co., Ltd. (the “Company” hereby announces that, at the Board of Directors’ meeting held today, the Company resolved to pay dividends from surplus (interim dividends) with a record date of April 30, 2025, and has revised the year-end dividend projection for the fiscal year ending October 31, 2025.
- Dividend details (interim dividends)
(Unit: Yen)
Determined amount
Latest dividend Forecast
(Published on December 6, 2024)
Previous period Results
(Interim for the fiscal year ended October 31, 2024)
Reference date
April 30, 2025
April 30, 2025
April 30, 2024
Dividend per share
45.00
40.00
35.00
Total dividend amount
1,567 million
—
1,236 million
Effective date
July 2, 2025
—
July 2, 2024
Dividend source
an earned surplus
—
an earned surplus
- Details of the revision (November 1, 2024 - October 31, 2025)
(Unit: Yen)
Dividend per share
Record date
Interim period-end
Year-end
Total
Prior projection (Released on December 6, 2024)
40.00
40.00
80.00
Revised projection
45.00
90.00
Actual results for the current fiscal year
45.00
Actual results for the previous fiscal year (Fiscal year ended October 31, 2024)
35.00
45.00
80.00
2025/06/06 on Japan | Page. 2/2
- Reason
Distribution of earnings to shareholders is a key management issue. The dividend policy of Kanamoto is to provide shareholders with a consistent and stable dividend regardless of the business environment. Furthermore, the Company aims to pay progressive dividends that include profit distribution in line with earnings performance. Moreover, it is the basic policy of Kanamoto to sufficiently build up its retained earnings, which is essential for strengthening financial position and to implement aggressive business expansion.
With raising the projected consolidated operating results for the fiscal year ending October 31, 2025, at the time of the closing of accounts for the six-month period ended April 30, 2025, we have increased the dividends from surplus (interim dividends) from the previously projected ¥40.00 per share by ¥5.00 to ¥45.00.
Similarly, the year-end dividend projection has been increased from the previously projected ¥40.00 per share by
¥5.00 to ¥45.00. As a result, the annual dividend is expected to be ¥90.00 per share, representing an increase of ¥10.00 from the previous forecast.
End
