Fixstars shifts dividend policy, introduces DOE target for stable returns

Fixstars Corporation, following a board resolution on December 3, 2025, announced a change to its dividend policy, introducing the Dividend on Equity (DOE) ratio as a new indicator. The company aims to enhance dividend levels and ensure more stable shareholder returns.

Under the revised policy, Fixstars will target a consolidated dividend payout ratio of 30% and a DOE of 7% or higher. This updates the previous policy, which only targeted a medium-term consolidated dividend payout ratio of 30%. The company will continue to consider future business development and securing internal reserves.

The new policy will be effective from the fiscal year ending September 2026. For this fiscal year, Fixstars currently plans an annual dividend of JPY 18 per share, corresponding to a consolidated dividend payout ratio of 36.3% and a DOE of 6.8%.