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eREX Co., Ltd. ( (JP:9517) ) has shared an update.
EREX Co., Ltd., the Japan-based power supplier listed on the TSE Prime Market, is working to improve its financial health while investing in growth areas to drive sustainable expansion and enhance corporate value. The company views stable, continuous shareholder returns as a key management priority in balancing growth and soundness.
The board has approved a year-end dividend of 22 yen per share for the fiscal year ended March 31, 2026, with a total payout of 1,719 million yen, subject to shareholder approval in June. The payout, funded from retained earnings and unchanged from the prior forecast, represents a doubling of the previous fiscal year’s year-end dividend and underscores management’s commitment to dividend stability alongside ongoing restructuring.
More about eREX Co., Ltd.
EREX Co., Ltd. is a Japan-based energy company listed on the TSE Prime Market under code 9517, operating in the power and related services sector. The company focuses on supplying electricity and is undertaking business structure reforms, including organizational restructuring, to strengthen its financial position and support long-term growth investments.
Average Trading Volume: 699,676
Technical Sentiment Signal: Buy
Current Market Cap: Yen80.28B
See more insights into 9517 stock on TipRanks’ Stock Analysis page.