ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Companies

Hitachi Construction to boost shareholder returns on higher Americas cash flow

Japanese rival to Komatsu targets 35% to 40% payout ratio in near future, CFO says

Cash flows at Hitachi's construction unit are improving partially on earnings in North America, where excavators are a mainstay product. (Photo courtesy of Hitachi Construction Machinery)

TOKYO -- Hitachi Construction Machinery aims to lift its dividend payout ratio to near 40%, according to Chief Financial Officer Keiichiro Shiojima, on an anticipated rise in cash flow from its Americas business.

The Japanese company's medium-term plan for the three years ending March 2026, announced in April, gives a target payout range of 30% to 40%.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more