Since our founding in 1893 as a cotton yarn trading company, we have upheld our corporate philosophy of "Consistent Sincerity," adapting to changing times and expanding our business across the textile, fashion, and lifestyle industries.
Our mid-term management plan, "Heritage to the Future," which runs through the fiscal year ending March 2026, has entered the final year of the three-year plan. While we continue to face uncertain conditions due to factors such as an aging population, shifting consumer trends, and global instability, we continue to drive sustainable growth by expanding into global markets through the lenses of sustainability, digital transformation, and branding. In particular, we have been actively expanding our business into the brand and retail domains, with a focus on TATRAS, our flagship brand, which has been leading business growth for the group overall.
With regard to our policy of shareholder returns at this time, we have decided to follow a basic policy to pay a dividend payout ratio of 35% or more from the fiscal year ending in March 31, 2026, by continuing to maintain a healthy balance between stable dividends on the one hand with retaining the earnings necessary for strengthening our management foundation on the other, while also achieving further capital efficiency and promoting the optimal allocation of capital.
As we strive to enhance corporate value and contribute to a sustainable society, our entire group is committed to meeting the expectations and trust of our stakeholders.
We appreciate your continued support and understanding.
Representative Director
President And Chief Executive Officer
Takao Yagi