Note: This document has been translated from 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.
March 7, 2025 | |
Company Name | TV Asahi Holdings Corporation |
Representative | Hiroshi Hayakawa, Chairman |
Securities Code | 9409 (TSE Prime Market) |
Information Contact | Gengo Sunami, Member of the Board |
(Tel: +81-3-6406-1115) |
Announcement of Revision to Year-End Dividend Forecast
TV Asahi Holdings Corporation (the "Company") hereby announces that it has revised its year-end dividend forecast for the fiscal year ending March 31, 2025, which was previously announced on February 7, 2025. The details are as follows.
1. Reason for revision to dividend forecast
The Company regards the distribution of profits to shareholders as an important management policy and strives to pay stable ordinary dividends and return profits to shareholders through commemorative dividends that mark key events and special dividends as warranted by financial performance in a given fiscal period.
For fiscal year ending March 31, 2025, in addition to the progression of the various endeavors taken under the management plan "TV Asahi for the New Era: Management Plan 2023-2025," operating performance is also steadily growing. Moreover, the sale of strategic holdings that is part of the financial strategy is also progressing at a stable pace, and considering such matters overall, the Company plans to add a special dividend of 10 yen to the previous year-end dividend forecast (announced on February 7, 2025), making the year-end dividend 40 yen per share. As a result, the annual dividend is forecast to be 60 yen per share (payout ratio: 25.4%).
2. Details of revision | |||
Dividend per share | |||
End of 2Q | End of fiscal year | Total | |
Previous forecast | ¥30.00 | ¥50.00 | |
(announced February 7, 2025) | |||
New forecast | ¥40.00 | ¥60.00 | |
(special dividend of ¥10.00) | (special dividend of ¥10.00) | ||
Paid dividend | ¥20.00 | ||
Reference: Paid dividend for | ¥20.00 | ¥40.00 | ¥60.00 |
(commemorative dividend of | (commemorative dividend of | ||
FYE March 31, 2024 | |||
¥10.00) | ¥10.00) | ||