Toyota Tsusho raises dividend payout ratio to at least 40% on solid earnings

Toyota Tsusho

28/04/2025 07:52

TOKYO, April 28 (Reuters) - Toyota Tsusho 8015.T, a member of the Toyota 7203.T group, said on Monday it will increase its dividend payout ratio to 40% or more from this fiscal year, up from a previous target of at least 30%, backed by stable earnings.

The new shareholder returns policy, including share buybacks, will cover fiscal years 2025 to 2027, the Japanese trading house said.

Toyota Tsusho also posted a 9% jump in profit to 362.5 billion yen ($2.52 billion) for the year ended March, driven by strong performance across its metal, supply chain, green infrastructure, and its African businesses.

However, it expects profit to decline by 6% to 340 billion yen for the current fiscal year, citing a stronger yen and anticipated negative impacts from U.S. tariffs.

($1 = 143.5700 yen)

 (Reporting by Katya Golubkova; Editing by Sherry Jacob-Phillips)

 ((jekaterina.golubkova@thomsonreuters.com;))