Shinwa-holdings Co., Ltd.

The forecast annual dividend is JPY 38.0 per share or unit, with a forecast yield of 0.90%.Dividend on equity (DOE) is 6.60%, -1.08 points year over year.

Dividend on equity (DOE) is the annual dividend as a percentage of shareholders’ equity. Because it is less affected by temporary earnings swings, it helps assess the continuity of a company’s shareholder return policy.