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Shofu Inc. ( (JP:7979) ) has provided an update.
Shofu Inc. has approved a year-end dividend of ¥39 per share for the fiscal year ended March 31, 2026, including a special dividend of ¥5, bringing the total annual dividend to ¥60 per share when combined with the interim dividend of ¥21. This compares with a total of ¥67 per share in the previous fiscal year, reflecting the impact of a two-for-one stock split and the company’s ongoing capital management strategy.
The board’s decision reflects Shofu’s policy of maintaining stable shareholder returns while reinforcing its management base and financial position. In light of record net income, the company will pay an ordinary dividend of ¥34 per share and use proceeds from the sale of investment securities for growth investments, signaling a balance between rewarding shareholders and funding future expansion.
More about Shofu Inc.
Shofu Inc., listed on the Tokyo Stock Exchange Prime Market, operates in the manufacturing sector and is known for producing dental materials and related products. The company focuses on supplying dentists and dental technicians with a wide range of restorative, prosthetic, and preventive solutions, positioning itself as a key player in the dental materials industry in Japan and abroad.
Average Trading Volume: 144,062
Technical Sentiment Signal: Buy
Current Market Cap: Yen62.95B
Learn more about 7979 stock on TipRanks’ Stock Analysis page.