Nissin cancels dividends after BCJ-98 takeover

Nissin Corporation announced on September 11, 2025, that its board of directors decided not to issue dividends of surplus for the second quarter (record date September 30, 2025) and the fiscal year-end (record date March 31, 2026). This decision follows the successful tender offer by BCJ-98 for Nissin Corporation's common shares.

The company's prior dividend forecast, as of August 8, 2025, indicated no dividend for these periods. Historically, Nissin Corporation paid 100.00 yen per share for the fiscal year ended March 2024 (totaling 1,466 million yen) and for the fiscal year ended March 2025 (totaling 1,474 million yen).

The decision to cancel dividends was made to ensure fairness among shareholders, given that some participated in the tender offer while others did not, and to reflect the company's impending delisting from the Tokyo Stock Exchange.