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Hard Off Corporation Increases Dividend and Revises Shareholder Return Policy

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Hard Off Corporation Increases Dividend and Revises Shareholder Return Policy

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An update from Hard Off Corporation Co., Ltd. ( (JP:2674) ) is now available.

Hard Off Corporation Co., Ltd. has announced a revision in its dividend forecast, increasing the dividend per share from 76 yen to 78 yen for the fiscal year ending March 2025. This decision reflects the company’s commitment to enhancing shareholder value by maintaining a stable dividend payout ratio of approximately 50% based on business performance. Additionally, the company is revising its shareholder return policy by introducing the Dividend on Equity (DOE) ratio as a new indicator, effective from the fiscal year ending March 2026, to ensure more stable and sustainable dividends while improving capital efficiency.

More about Hard Off Corporation Co., Ltd.

Hard Off Corporation Co., Ltd. operates in the retail industry, focusing on the sale of second-hand goods. The company is known for its recycling-oriented business model, offering a wide range of used products including electronics, musical instruments, and clothing, primarily targeting environmentally conscious consumers.

Average Trading Volume: 33,464

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen26.76B

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