DeNA Shifts to DOE-Based Dividend Policy and Hikes FY2026 Payout Forecast

An announcement from DeNA Co ( (JP:2432) ) is now available.

DeNA has overhauled its dividend policy to prioritize stable shareholder returns tied to capital efficiency, shifting from a payout-ratio-based framework to targeting a dividend on equity (DOE) of around 3% on a consolidated basis from the fiscal year ending March 31, 2026. Under the new policy, the company will pay a year-end dividend once a year, may supplement returns with share buybacks depending on market and business conditions, and intends to deploy retained earnings into reinforcing its existing earnings base and building a portfolio for medium- to long-term growth. Reflecting this change, DeNA raised its dividend forecast for the current fiscal year to 66 yen per share at year-end, up from an undetermined prior forecast and slightly above the previous year’s 65 yen total payout, signaling stronger commitment to capital efficiency and shareholder returns as it continues a broader review of capital allocation and cost-of-capital-conscious management.

The most recent analyst rating on (JP:2432) stock is a Buy with a Yen2738.00 price target. To see the full list of analyst forecasts on DeNA Co stock, see the JP:2432 Stock Forecast page.

More about DeNA Co

DeNA Co., Ltd. is a Japan-based technology company listed on the TSE Prime that operates diversified digital businesses, including internet and mobile services, games and entertainment, and related platforms. The company focuses on enhancing corporate value through business growth, strengthening its management structure, and improving capital efficiency while maintaining shareholder-friendly capital policies in the Japanese equity market.

Average Trading Volume: 2,210,486

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen281.4B

For an in-depth examination of 2432 stock, go to TipRanks’ Overview page.