Hoshizaki raises 2025 year-end dividend projection

Hoshizaki Corporation, a prominent manufacturer, has resolved to revise its year-end dividend projection for the fiscal year ending December 2025. At a board of directors meeting on December 16, 2025, the company decided to increase the year-end dividend to JPY 65.00 per share, up from the previously projected JPY 55.00 per share announced on February 13, 2025. This adjustment brings the total annual dividend for 2025 to JPY 115.00 per share, an increase from the earlier JPY 105.00 projection.

The revision follows a review of the company's earnings outlook for the current fiscal year, aligning with its profit distribution policy. This policy emphasizes stable distributions to shareholders, considering financial and profit conditions, while also retaining earnings for stable corporate growth and adapting to business environment changes.

The company's shareholder return strategy aims for dividend payments in line with profit growth, targeting a continuous and stable dividend with a payout ratio of 40% or more. The interim dividend for the current fiscal year remains at JPY 50.00 per share. In the previous fiscal year (FY2024), Hoshizaki paid an interim dividend of JPY 45.00 and a year-end dividend of JPY 60.00, totaling JPY 105.00 for the year.