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DaikyoNishikawa Corp. Updates Shareholder Return Policy

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DaikyoNishikawa Corp. Updates Shareholder Return Policy

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DaikyoNishikawa Corp. ( (JP:4246) ) has issued an announcement.

DaikyoNishikawa Corporation announced a change in its shareholder return policy to increase the consolidated dividend on equity ratio to at least 3.0%, while maintaining a dividend payout ratio of around 30%. This change reflects the company’s strategy to emphasize capital efficiency and financial stability, aligning with its medium-term management plan to achieve a 9% return on equity by FY2027.

More about DaikyoNishikawa Corp.

DaikyoNishikawa Corporation operates in the manufacturing industry, focusing on enhancing corporate value through sustainable growth and global expansion. The company prioritizes shareholder returns as a key management task, aiming to provide stable and continuous dividends.

Average Trading Volume: 149,645

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen40.41B

See more data about 4246 stock on TipRanks’ Stock Analysis page.

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