JBCC Holdings raises dividend forecast, announces share buyback

JBCC Holdings announced on October 30, 2025, a significant upward revision to its dividend forecast for the fiscal year ending March 2026. The year-end dividend per share is now projected to be JPY 25.00, an increase of JPY 7.00 from the previous forecast of JPY 18.00. This brings the total annual dividend per share to JPY 42.00, up from JPY 35.00, representing a dividend payout ratio of over 50%. The company stated this is part of its capital allocation strategy to enhance capital efficiency and maximize shareholder value.

In conjunction with the dividend revision, JBCC Holdings also resolved to initiate a share repurchase program. The company will acquire up to 2.5 million shares, representing 3.86% of its outstanding shares (excluding treasury stock), with a total acquisition cost not exceeding JPY 3,000 million. The repurchase period is from October 31, 2025, to March 31, 2026. This initiative aims to improve capital efficiency and facilitate agile capital policies.

The company's strong performance, with a 4.6% increase in revenue to JPY 37,461 million and a 13.3% rise in operating income to JPY 3,605 million for the first half of FY2026, supports these shareholder return initiatives. These actions align with the "CHALLENGE 2026" mid-term management plan, which targets an ROE of over 20% and a dividend payout ratio of over 45%.