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SUNNY SIDE UP GROUP Inc. ( (JP:2180) ) has provided an announcement.
SUNNY SIDE UP GROUP Inc. has revised its dividend forecast for the fiscal year ending June 30, 2026, deciding not to pay a year-end dividend if a tender offer by Akatsuki Inc. is successfully completed. The revision changes the previously forecast fiscal-year-end dividend to zero yen, while the second-quarter dividend remains at 11 yen per share, altering the originally planned total payout.
The board has endorsed Akatsuki Inc.’s tender offer, recommending that shareholders tender their shares with the aim of making SUNNY SIDE UP GROUP a wholly owned subsidiary and subsequently delisting its stock. Because the tender offer price was set on the assumption that no year-end dividend will be paid, the company has suspended its usual dividend policy of targeting a roughly 30% payout ratio to align shareholder returns with the contemplated transaction structure.
More about SUNNY SIDE UP GROUP Inc.
SUNNY SIDE UP GROUP Inc. is a Tokyo Stock Exchange-listed company in the communications and marketing sector, led by President Etsuko Tsugihara. The group focuses on providing promotional and related corporate services, targeting clients that require integrated marketing solutions and brand support in the Japanese market.
Average Trading Volume: 37,112
Technical Sentiment Signal: Buy
Current Market Cap: Yen15.93B
For an in-depth examination of 2180 stock, go to TipRanks’ Overview page.