Shareholder Returns

JVCKENWOOD considers the stable distribution of profits to shareholders and the securing of management resources for future growth to be one of its most important management issues. Accordingly, it has set the total payout ratio as an indicator of shareholder return, taking into consideration its overall profitability and financial condition. In addition to dividends based on business performance, the Company will flexibly repurchase treasury stock, considering the balance between the use of capital for medium- to long-term profit growth and the effects of improving capital efficiency, and will provide stable profit returns to shareholders with a target total payout ratio of 30 - 40%.

The year-end dividend for the fiscal year ended March 31, 2025, has been set at 10 yen per share, as announced in the "Revision of Dividend Forecast" dated May 1, 2025, based on the profit performance and the aforementioned policy. As a result, the annual dividend per share for the fiscal year ended March 31, 2025, is scheduled to be 15 yen, including the interim dividend of 5 yen determined at the end of the second quarter. This represents an increase of 3 yen from the dividend of the fiscal year ended March 31, 2024.

For the fiscal year ending March 31, 2026, JVCKENWOOD will strive to improve business performance and financial position. Based on the above policy, the annual dividend per share is forecast to be 18 yen (6 yen at the end of the second quarter and 12 yen at year-end), representing a further increase of 3 yen from the previous fiscal year.