Jafco declares interim dividend, completes buyback, adjusts bonds

Jafco Group announced an interim dividend of JPY 66.50 per share for the fiscal year ending March 31, 2026, totaling JPY 3,515 million, with a record date of September 30, 2025, and an effective date of November 26, 2025. This dividend aligns with the company’s policy of distributing an annual dividend based on the greater of 6% DOE or a 50% payout ratio, with interim dividends based on 3% DOE.

Concurrently, Jafco completed its share buyback program, acquiring 252,000 shares for JPY 638,244,496 between October 1 and October 23, 2025. This brings the cumulative shares acquired under the April 23, 2025, resolution to 2,011,100 shares for JPY 4,999,946,100. Following the buyback, the company resolved to cancel 1,810,000 treasury shares on November 6, 2025, reducing outstanding shares by 3.2% to maintain a 3% treasury share ratio.

In a related development, the interim dividend led to an adjustment in the conversion price of Jafco's 2028 Zero Coupon Convertible Bonds. The conversion price was adjusted from JPY 1,963.2 to JPY 1,912.0, effective October 1, 2025, in accordance with the bond's terms.