MatsukiyoCocokara boosts dividend, outlines new growth strategy

MatsukiyoCocokara & Co. (TSE:3088) has announced a series of strategic initiatives, including an increased dividend for the fiscal year ending March 31, 2025, to JPY 23.00 per share and sets the stage for a new era of growth. The company also forecasts an annual dividend of JPY 23.00 per share for the second quarter and fiscal year-end 2026. The company has established new dividend targets of a DOE of 6% and a payout ratio of 50%, underscoring its commitment to shareholder returns.