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.
April 11, 2025 | |
Company Name: | Wakita & Co., LTD. |
Representative: | Teiji Wakita, President and Representative Director |
(Code number: 8125, Tokyo Stock Exchange Prime Market) | |
Contact: | Atsuhiko Nariyama, Director, General Manager of |
General Affairs Division | |
Phone: 06-6449-1901 |
Announcement of Dividends of Surplus
Wakita & Co., LTD. (hereinafter the "Company") hereby announces that it has resolved at a meeting of its Board of Directors held today to pay dividends of surplus with a record date of February 28, 2025. The details are described below.
This matter is scheduled to be submitted to the 65th Ordinary General Meeting of Shareholders to be held on May 22, 2025.
1. Dividend history
Resolution | Recent forecast announced | |
on April 12, 2024 | ||
Record date | February 28, 2025 | Same as on the left |
Dividends per share | 100.00 yen | 70.00 yen |
Total amount of dividends | 4,945 million yen | － |
Effective date | May 23, 2025 | － |
Source of dividends | Retained earnings | － |
Results for fiscal year ended February 29, 2024
February 29, 2024
62.00 yen
3,066 million yen
May 24, 2024
Retained earnings
2. Reason
The Company considers that returning profits to shareholders is an important task for management. Its basic policy is to pay out stable dividends while considering what is necessary for building a stable financial standing and financing business development.
Moreover, in order to continue enhancing shareholder returns, the Company has established a policy of paying annual dividends of 100 yen or more per share for the three years from the fiscal year ending February 28, 2026 to the fiscal year ending February 29, 2028, and plans to implement stable stock returns. The policy is described in the "Balancing growth investments and shareholder returns" section of the "Announcement of the Establishment of the 2028 Medium-term Management Plan (Fiscal Year ending February 28, 2026, to Fiscal Year ending February 29, 2028)" announced today.
For the same purpose of enhancing shareholder returns, the year-end dividend for the fiscal year ended February 28, 2025 will also be 100 yen per share.
Reference: Breakdown of annual dividends
Dividends per share | ||
Record date | End of 2Q | Year-end |
Results for fiscal year | 0.00 yen | 100.00 yen |
ended February 28, 2025 | ||
Results for fiscal year | 0.00 yen | 62.00 yen |
ended February 29, 2024 | ||
Annual
- yen
- yen