Note: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
Translation
May 14, 2025
Company name: Kyosan Electric Manufacturing Co.,Ltd. (Securities code: 6742; Tokyo Market)
Name of representative: Ryoji Kunisawa
Representative Director, President
Inquiries: Yuichiro Saito
Strategy Planning Headquarters General Manager of Affairs & Legal Dept.
Telephone: +81-45-503-8100
Notice Regarding Dividends of Surplus (Dividend Increase)
The Company adopted a resolution at the Board of Directors' meeting held on May 14, 2025 to make dividends of surplus with a record date of March 31, 2025, and hereby notifies you as follows.
This matter is scheduled to be submitted to the 160th ordinary general meeting of shareholders to be held on June 25, 2025.
Dividend details
Amount determined
Most recent dividend
forecast (May 13, 2024)
Previous year actual
(Year ended March 31, 2024)
Record date
March 31, 2025
Same as on the left
March 31, 2024
Dividends per share
18.00 yen
15.00 yen
15.00 yen
Total dividends amount
1,129 million yen
-
941 million yen
Effective date
June 26, 2025
-
June 24, 2024
Source of dividends
Retained earnings
-
Retained earnings
Reason
As a result of comprehensive judgment based on the Company's Shareholder Retur policy and the consolidated performance of this fiscal year, the year-end dividends for the year ended March 31, 2025 will be 18 yen per share, increased by 3 yen from the previous forecast of 15 yen. Accordingly, the annual dividends will be 23 yen per share, including the interim dividends of 5 yen.
The Company's DOE (dividends on equity) for the year ended March 31, 2025 is 2.85%.
(For your reference) Breakdown of the annual dividends
Dividends per share
2nd quarter-end
Year-end
Total
Current year actual (Year ended March 31, 2025)
5.00 yen
18.00 yen
23.00 yen
Previous year actual (Year ended March 31, 2024)
5.00 yen
15.00 yen
20.00 yen
(For your reference) The Company's Shareholder Return Policy
The Company Group is engaged in businesses of a highly social and public nature, such as the "signaling solution business for railways and road traffic," and thus we have a responsibility to supply high-quality products in a stable manner. Accordingly, we will continue our efforts to establish a solid management foundation on a long-term and continuous basis and to enhance shareholders' equity.
The Company Group has developed a three-year mid-term management plan "KYOSAN Next Step 2028," which starts from April 2025, and will make efforts to resolve the four materialities to achieve its basic policies of "establishing the KYOSAN brand as a globally recognized brand" and to connect it to "creating new value."
As a basic principle, we will allocate profits in a balanced manner between investments in each business area to achieve the above objectives and stable shareholder returns corresponding to mid- and long-term profit levels, and we aim to achieve dividends of surplus of around the mid-2% range of DOE.