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NEOJAPAN Inc. ( (JP:3921) ) just unveiled an update.
NEOJAPAN Inc. has announced a revision to its dividend policy, aiming to enhance shareholder returns by introducing a progressive dividend approach and increasing the dividend payout ratio to 40%. This change reflects the company’s strategy to balance long-term stability with growth, as it anticipates continued growth in recurring services. The revised dividend forecast for the fiscal year ended January 31, 2025, increases the year-end dividend from 17.00 yen to 26.00 yen per share, highlighting the company’s commitment to returning profits to shareholders.
More about NEOJAPAN Inc.
NEOJAPAN Inc. operates in the technology sector, focusing on providing innovative software solutions. The company emphasizes a stable management base and aims to expand its business through increased internal reserves.
YTD Price Performance: -4.18%
Average Trading Volume: 43,842
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen23.02B
See more insights into 3921 stock on TipRanks’ Stock Analysis page.