Stock Information

Stock Information

End of fiscal year March 31 of each year
Annual meeting of shareholders Late June
Closing of the register of shareholders March 31 of each year
Ex-rights day March 31 of each year
Number of stocks per unit 1,000 stocks
Administrator of Shareholders' Register Mitsubishi UFJ Trust and Banking Corporation

Transition of Splits/Stock Dividends

At TOYO KANETSU, we have established a basic strategy for capital policy encompassing optimization of capital allocation in terms of growth-oriented investment measures, redistribution of profits among all shareholders, setting of capital efficiency targets and more, with the aim of enhancing corporate value and ensuring sustained company growth and development.

The fundamental approach behind this capital policy entails utilizing surplus funds and borrowing in investment toward growth as part of an optimized capital allocation strategy while redistributing all profits to shareholders and maximizing capital efficiency through dividend payments and acquisition of treasury stock.

Furthermore, as part of efforts to more effectively return profits to our shareholders, we have revised the shareholder return policy (outlined below) at our November 11, 2016 board of directors meeting.

We stipulate biannual distribution of dividends of surplus in our articles of incorporation, wherein we pay both interim and year-end dividends. Decisions regarding these distributions are made by the general shareholders meeting or the board of directors for year-end dividends, and by the board of directors for interim dividends.

To enable flexible investment and dividend policies, we established in our articles of incorporation, based on Article 459, (1) of the Companies Act, the power of the board of directors to make decisions regarding dividends of surplus and so forth.

Shareholder Premium Redemption Policy

  • Consolidated dividend payout ratio: set at 30% or higher (with a ¥10 minimum annual dividend for per share)
  • Consolidated total shareholder return ratio: set at 100% or higher with flexible acquisition of treasury stock(subject to change in the case of major capital-requirement increases)
  • Policy implementation period: three fiscal years from FY 2016 ending in March, 2017 to FY 2018 ending in March, 2019, with review and revision at the end of this period
Accounting term Annual dividend (yen) Term-end dividend (yen) Mid-term dividend(yen)
FY2013 4.0 4.0 0.0
FY2014 5.0
(Common Dividend : 4.0)
(Special Dividend : 1.0)
5.0
(Common Dividend : 4.0)
(Special Dividend : 1.0)
0.0
FY2015 4.0 4.0 0.0
FY2016 5.0 5.0 0.0
FY2017 12.0
(Common Dividend : 10.0)
(Special Dividend : 2.0)
12.0
(Common Dividend : 10.0)
(Special Dividend : 2.0)
0.0

Component ratio of shareholders

(As of March 31, 2017)

Category Situation of stocks
Financial institutions Financial products traders Other corporations Foreign corporations, etc.(individuals) Treasury stock Individuals, etc. Total
Number of shareholders (persons) 32 53 126 (1) 136 (5) 1 11,012 11,360
Number of stocks in possession
(1,000 stocks)
28,908 3,322 17,506 (12) 11,946 (6) 7,187 34,159 103,030

IR Calendar

Our annual IR events are shown below.

  events
Apr.  
May. Financial Statements Announcement
Jun. Annual General Meeting of Shareholders
Jul.  
Aug. 1st Financial Statements Announcement
Sep. Publication of Annual Report
Oct.  
Nov. 2nd Financial Statements Announcement
Dec.  
Jan.  
Feb. 3rd Financial Statements Announcement
Mar. Full-year business result

The schedule stated above is subject to change for certain reasons.