Starzen Company Limited (JP:8043) has released an update.
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Starzen Co., Ltd. has announced a revision to its dividend policy, aiming for a 3.0% Dividend on Equity (DOE) while increasing dividends progressively, as part of a broader strategy to enhance shareholder returns and improve capital efficiency. The company plans significant investments totaling ¥40 billion over three years to support sustainable growth, focusing on expanding their overseas market presence and improving logistics. Starzen’s revised dividend forecast for fiscal 2024 reflects a year-end increase to 110 yen per share, up from the previous forecast of 90 yen.
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