Corporate Events

Noritake Co., Limited revised dividend guidance for second quarter ending September 30, 2026 and year-end of Fiscal Year Ending March 31, 2027. For second quarter-end, the company expects to pay dividend of JPY 60.00 per share as compared to previously announced Forecasts of JPY 50 per share against JPY 80.00 per share paid a year ago. For year-end, the company expects to pay year end dividend of JPY 60.00 per share as compared to previously announced Forecasts of JPY 50 per share against JPY 100.00 per share paid a year ago. The Company's basic dividend policy is to maintain stable dividends over the long term and a consolidated dividend payout ratio of 35% or more for the full year; and the Company will distribute results based on a comprehensive consideration of its financial position, future business development, and other factors. In addition, during the period of the 13th mid-term management plan (fiscal years ending March 31, 2026 through fiscal year ending March 31, 2028), the Company will implement a progressive dividend payment with a minimum annual dividend of JPY 70 per share (on a post-split basis April 1, 2026); and, combined with flexible acquisition of own shares, aims to achieve a total return ratio of 50% or more (on a cumulative basis over three fiscal years). Reflecting the dividend policy and based on the revisions first half and full fiscal year consolidated earnings forecast for fiscal year ending March 31, 2027, the Company decided to distribute interim dividend of 60 yen per share for the fiscal year ending March 31, 2027 (previous dividend forecast was 50 yen). The Company also revised its year-end dividend forecast to JPY 60 per share (previous dividend forecast was JPY 50).

Noritake Co., Limited reported earnings results for the first quarter ended June 30, 2026. For the first quarter, the company reported sales was JPY 39,676 million compared to JPY 33,443 million a year ago. Net income was JPY 3,910 million compared to JPY 2,466 million a year ago. Basic earnings per share from continuing operations was JPY 71.09 compared to JPY 43.45 a year ago.

Noritake Co., Limited, ¥ 60.0, Cash Dividend, Sep-29-2026

On June 29, 2026, Noritake Co., Limited announced that it filed an amendment to the voting results of annual general meeting of shareholders held on June 26, 2026. Accordingly, the resolution items 4, 5, and 6 were not approved by the shareholders. The corrected voting results were as follows: For Item 4: 39,132 votes in favor, 196,032 votes against, and 87 abstentions. For Item 5: 34,145 votes in favor, 201,019 votes against, and 87 abstentions. For Item 6: 33,797 votes in favor, 201,366 votes against, and 87 abstentions. Each resolution required attendance by shareholders holding at least one-third of the voting rights and approval by at least two-thirds of those present. All three items were rejected.

On June 29, 2026, Noritake Co., Limited announced that it held its annual general meeting of shareholders on June 25, 2026, and declared voting results. Accordingly, the shareholder proposals regarding Agenda Item 2: Partial Amendment of the Articles of Incorporation Regarding the Decision-Making Body for Distribution of Surplus, Agenda Item 3: Disposal of Surplus, Agenda Item 4: Partial Amendment of the Articles of Incorporation Regarding the Formulation and Disclosure of Business Portfolio Plans, Agenda Item 5: Partial Amendment of the Articles of Incorporation Regarding the Sale of Policy-Held Shares, Agenda Item 6: Partial Amendment of the Articles of Incorporation Regarding Stock Split, Agenda Item 7: Partial Amendment of the Articles of Incorporation Regarding Stock Split and the Total Number of Authorized Shares Accompanying the Stock Split, were rejected. Further, the company stated that Agenda Item No. 3 was premised on the approval and adoption of Agenda Item No. 2. However, since Agenda Item No. 2 was rejected, Agenda Item No. 3 was not taken up for discussion. In addition, the company stated that Agenda Item No. 7 was premised on the approval and adoption of Agenda Item No. 6. However, since Agenda Item No. 6 was rejected, Agenda Item No. 7 was not taken up for discussion.

Noritake Co., Limited announced that they will report Q1, 2027 results on Aug 07, 2026

NORITAKE CO., LIMITED received a written notice from its shareholders, INTERTRUST TRUSTEES (CAYMAN) LIMITED SOLELY IN ITS CAPACITY AS TRUSTEE OF JAPAN-UP and Strategic Capital Inc., regarding their intention to submit shareholder proposals for the agenda of the 145th Annual Shareholders' Meeting scheduled to be held on June 25, 2026. The company announced that, at the meeting of the Board of Directors held on May 12, 2026, it resolved the opinions of the Board of Directors regarding the Shareholder Proposals. The details of the Shareholder Proposals are as follows: 1. Partial Amendment to the Articles of Incorporation Regarding the Decision-Making Body for Dividends from Surplus. 2. Appropriation of Surplus. 3. Partial Amendment to the Articles of Incorporation Regarding the Formulation and Disclosure of a Business Portfolio Plan. 4. Partial Amendment to the Articles of Incorporation Regarding the Sale of Cross-shareholdings. 5. Partial Amendment to the Articles of Incorporation Regarding a Stock Split. 6. Partial Amendment to the Articles of Incorporation Regarding a Stock Split and the Total Number of Authorized Shares in Connection with the Stock Split. The amendments are proposed to the shareholders for the 145th Annual Shareholders' Meeting scheduled to be held on June 25, 2026. The new amendments details include: Article 35 is proposed to be amended so that the Company may, by resolution of the General Meeting of Shareholders, pay a year-end dividend to shareholders or registered pledgees of shares recorded or registered in the final register of shareholders as of the end of each fiscal year. Article 36 is proposed to be deleted. The proposal for Appropriation of Surplus is subject to the approval and adoption of Proposal 1 and proposes that dividends from surplus shall be made as follows: Year-end dividends, type of dividend property as cash, allotment of dividend property and its aggregate amount as the amount obtained by multiplying the net assets per share as of the end of the 145th term by 0.08, minus the dividend amount per common share based on the proposal regarding appropriation of surplus proposed by the Company’s Board of Directors approved at the 145th Annual Shareholders’ Meeting and the dividend amount per common share determined by the Company’s Board of Directors by the date of the 145th Annual Shareholders’ Meeting based on Article 35 of the Company’s Articles of Incorporation as an appropriation of surplus for the fiscal year ended March 31, 2026, shall be paid as a dividend in addition to the Company Dividend Amount. The effective date of Dividends from surplus is the day following the date of the Company’s 145th Annual Shareholders’ Meeting. The proposal for Partial Amendment to the Articles of Incorporation Regarding the Formulation and Disclosure of a Business Portfolio Plan includes the addition of Chapter 7 Business Portfolio Plan, Article 37, which states the Company shall formulate a business portfolio plan, taking into account capital efficiency and cost of capital for each business operated by the Company. The proposal for Partial Amendment to the Articles of Incorporation Regarding the Sale of Cross-shareholdings includes the addition of Chapter 8 Cross-shareholdings, Article 38, which states all shares held by the Company for the purpose of cross-shareholdings as of the effective date of the amendment to the Articles of Incorporation adding this Article shall promptly be put up for sale, and shall all be sold by the end of March 2029. The proposal for Partial Amendment to the Articles of Incorporation Regarding a Stock Split includes the addition of Chapter 9 Stock Split, Article 39, which states the Company may, by resolution of the General Meeting of Shareholders, conduct a stock split. The proposal for Partial Amendment to the Articles of Incorporation Regarding a Stock Split and the Total Number of Authorized Shares in Connection with the Stock Split includes a split ratio of 3 shares for each 1 share, record date for the split as the day three weeks after the next business day following the date of the Company’s 145th Annual Shareholders’ Meeting, effective date of the split as the day following the record date, and amendment to Article 6 of the Company’s Articles of Incorporation to change the total number of authorized shares from 159,000,000 shares to 200,000,000 shares. The reason for change is that the Company’s stock price has remained sluggish over the long term, and it is difficult to say that the Board of Directors is conducting a capital policy that contributes to enhancing shareholder value. The Company’s dividend policy in its three-year business plan is a “dividend payout ratio of 35% or more,” but the Company’s equity ratio stood at an extremely high level of 71% as of the end of December 2025, and further increasing equity will only lower ROE. The Company’s PBR has never exceeded the PBR of TOPIX in the past 20 years, and the proposing shareholders believe that one reason for this is that an excessively high equity ratio has led to an increase in the cost of capital while ROE remains sluggish. The reason for the Appropriation of Surplus proposal is to distribute 8% of shareholders’ equity as dividends. The reason for the Partial Amendment to the Articles of Incorporation Regarding the Formulation and Disclosure of a Business Portfolio Plan is that the Company’s business segments are dividend into “Industrial Products,” “Ceramics & Materials,” “Engineering,” and “Tabletop”; among these, “Industrial Products” has continued to be in a situation where capital efficiency is below its cost of capital, and as for “Tabletop,” it has posted losses in nine out of the past ten fiscal periods. The reason for the Partial Amendment to the Articles of Incorporation Regarding the Sale of Cross-shareholdings is that as of the end of March 2025, the balance of cross-shareholdings held by the Company was at a level close to 20% of net assets, and it is assumed that this ratio had been even higher as of the end of December 2025. The reason for the Partial Amendment to the Articles of Incorporation Regarding a Stock Split is that the investment unit of the Company’s shares is extremely high at approximately JPY 700,000 as of the end of February 2026. The Company announced a two-for-one stock split effective April 1, 2026, but even after taking this measure, the investment unit still exceeds JPY 300,000. The reason for the Partial Amendment to the Articles of Incorporation Regarding a Stock Split and the Total Number of Authorized Shares in Connection with the Stock Split is that a stock split would contribute to improving the investment environment for individual investors and enhancing liquidity of the Company’s shares.

On May 12, 2026, Noritake Co., Ltd., announced its Board of Directors’ opinions regarding shareholder proposals submitted by Intertrust Trustees (Cayman) Limited Solely in its Capacity as Trustee of Japan-Up and Strategic Capital Inc. for the 145th Annual General Meeting of Shareholders scheduled for June 25, 2026. The Board opposed Proposal 1: Partial Amendment of the Articles of Incorporation Regarding the Decision-Making Body for Dividends of Surplus, citing concerns that changing the decision-making body to the General Meeting of Shareholders may hinder agile capital policy and that dividend decisions should remain with the Board. The Board opposed Proposal 2: Disposal of Surplus, stating that distributing dividends at a level close to net income could impede future investment plans and risk financial discipline. The Board opposed Proposal 3: Partial Amendment of the Articles of Incorporation Regarding Formulation and Disclosure of Business Portfolio Plans, arguing that mandatory disclosure in the Articles is inappropriate, and that timing and content should be flexibly decided. The Board opposed Proposal 4: Partial Amendment of the Articles of Incorporation Regarding Sale of Policy-Held Shares, noting that while policy-held shares are reviewed annually, mandating their sale by a fixed deadline could impact business activities. The Board opposed Proposal 5: Partial Amendment of the Articles of Incorporation Regarding Stock Splits, emphasizing that stock splits should be decided flexibly based on market trends and long-term strategy, and making them subject to shareholder meeting resolutions may restrict capital policy. The Board opposed Proposal 6: Partial Amendment of the Articles of Incorporation Regarding Stock Splits and Authorized Shares, stating that repeated splits in a short period may cause unnecessary speculation and that decisions should be made by the Board. The Board’s opposition to each proposal was based on concerns regarding management flexibility, financial discipline, and appropriate disclosure, while acknowledging the importance of shareholder returns and business portfolio optimization

Noritake Co., Limited, Annual General Meeting, Jun 25, 2026, at 10:00 Tokyo Standard Time. Location: Head Office of the Company located at 3-1-36, Noritake-shinmachi, Nishi-ku, Nagoya Japan Agenda: To consider the business report and consolidated financial statements for the company’s 145th fiscal year (April 1, 2025 - March 31, 2026) and results of audits of the consolidated financial statements by the accounting auditors and the audit & supervisory committee; to consider non-consolidated financial statements for the company’s 145th fiscal year (April 1, 2025 - March 31, 2026); to consider election of six directors excluding directors who are audit & supervisory committee members; and to transact such other business matters.

Noritake Co., Limited, Board Meeting, May 12, 2026. Agenda: To consider the Notice Concerning Dividends of Surplus.

Noritake Co., Limited announced that they will report fiscal year 2026 results on May 12, 2026

Noritake Co., Limited reported earnings results for the nine months ended December 31, 2025. For the nine months, the company reported sales was JPY 104,190 million compared to JPY 104,997 million a year ago. Net income was JPY 8,681 million compared to JPY 9,196 million a year ago. Basic earnings per share from continuing operations was JPY 310.68 compared to JPY 318.79 a year ago.

Noritake Co., Limited expected to report Fiscal Year 2026 results on May 8, 2026. This event was calculated by S&P Global (Created on February 11, 2026).

Noritake Co., Limited, 2 : 1, Stock Split or Significant Stock Dividend, Mar-30-2026

Noritake Co., Limited, Board Meeting, Dec 19, 2025. Agenda: To conduct a stock split and partial amendment to the Articles of Incorporation due to the stock split.

Noritake Co., Limited announced that they will report Q3, 2026 results on Feb 10, 2026

Noritake Co., Limited declared dividend for the second quarter-end period of the fiscal year ending March 31, 2026, of JPY 80 per share against JPY 65 per share paid a year ago. Record date: September 30, 2025; Effective date: December 5, 2025. Noritake Co., Limited revised dividend guidance for the year-end period of the fiscal year ending March 31, 2026. For the period, the company expects to pay dividend of JPY 80 per share against JPY 70 per share previously forecasted.

Noritake Co., Limited revised earnings guidance for the fiscal year ending March 31, 2026. For the year, the company expects net sales of JPY 141,000 million against JPY 138,000 million forecasted earlier, operating profit of JPY 10,500 million against JPY 9,000 forecasted earlier and Profit attributable to owners of parent company of JPY 12,000 million against JPY 10,500 million forecasted earlier or basic earnings per share of JPY 436.40 against JPY 370.09 per share forecasted earlier.

Noritake Co., Limited expected to report Q3 2026 results on February 2, 2026. This event was calculated by S&P Global (Created on January 12, 2026).

Noritake Co., Limited, ¥ 80.0, Cash Dividend, Mar-30-2026

Noritake Co., Limited, Board Meeting, Nov 07, 2025. Agenda: To consider and approve to distribute dividends (interim dividends) of surplus with a record date of September 30, 2025 and to revise the year-end dividend forecast for the fiscal year ending March 31, 2026; and to consider and approve any other matters if,any.