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NIPPON RIETEC CO., LTD. ( (JP:1938) ) has shared an update.
NIPPON RIETEC CO., LTD. has announced a new basic policy on shareholder returns, emphasizing stable and progressive dividends with a DOE target of 3.2%. This shift from a total return ratio to DOE aims to clarify long-term shareholder return strategies and aligns with the company’s 2027 Medium-Term Management Plan, which targets an ROE of 8%.
More about NIPPON RIETEC CO., LTD.
NIPPON RIETEC CO., LTD. operates in the electrical construction industry, focusing on providing stable dividends and improving capital efficiency. The company is listed on the Tokyo Stock Exchange Prime Market under the securities code 1938.
Average Trading Volume: 40,794
Technical Sentiment Signal: Buy
Current Market Cap: Yen41.75B
For an in-depth examination of 1938 stock, go to TipRanks’ Stock Analysis page.