Alps Alpine announces annual dividend increase for fiscal year 2025
Alps Alpine Co., Ltd. (TSE:6770) announced on May 27, 2025, its decision to pay an annual dividend from surplus, setting the record date as March 31, 2025. The company's board of directors approved a dividend of ¥30.00 per share, totaling ¥6,169,579,080, payable from retained earnings with an effective date of June 26, 2025. This contrasts with the prior fiscal year's dividend of ¥10.00 per share. This increase aligns with Alps Alpine's capital policy, which prioritizes a balance between growth investments, financial stability, and shareholder returns. The company aims for a dividend on equity (DOE) ratio of 3% to ensure consistent shareholder returns over the medium to long term. Looking ahead, Alps Alpine forecasts a dividend of ¥60.00 per share for the fiscal year ending March 31, 2026, including an interim dividend forecast of ¥30.00 per share, as part of a shareholder return policy in effect through FY2028. A proposal related to the dividend will be submitted to the 92nd Ordinary General Meeting of Shareholders scheduled for June 25, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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