Kakaku.com to Suspend Dividends as Tender Offer Paves Way for Delisting

Kakaku ( (JP:2371) ) has shared an announcement.

Kakaku.com has decided not to distribute interim or year-end dividends for the fiscal periods with record dates of September 30, 2026, and March 31, 2027, setting the dividend per share at zero despite having previously paid 25 to 27 yen per share. The move marks a departure from its policy of stable, continuous dividends with a target payout ratio of at least 50%, reflecting a significant shift in capital allocation priorities for shareholders.

The suspension of dividends is contingent on the success of a tender offer by Kamgras 1 K.K., which aims to acquire Kakaku.com as a wholly owned subsidiary and ultimately delist its shares. Because the tender offer price was calculated on the assumption that no surplus dividends would be paid for those record dates, the board endorsed the offer, recommended shareholders tender their shares, and aligned its dividend policy with the transaction structure, signaling a transition toward private ownership and a change in returns for existing investors.

The most recent analyst rating on (JP:2371) stock is a Buy with a Yen3000.00 price target. To see the full list of analyst forecasts on Kakaku stock, see the JP:2371 Stock Forecast page.

More about Kakaku

Kakaku.com, Inc. is a Japan-based internet services company best known for its price comparison platform and related digital media offerings, serving consumers and businesses through online information and e-commerce support. Listed on the Tokyo Stock Exchange Prime Market under stock code 2371, the company targets users seeking data-driven purchasing decisions and advertisers looking to reach these audiences.

Average Trading Volume: 2,163,596

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen572.5B

See more insights into 2371 stock on TipRanks’ Stock Analysis page.