Nintendo shareholders approve dividend, board elections at annual meeting

Nintendo shareholders approved a 177 yen year-end dividend, a new board slate and a higher restricted-stock compensation ceiling at the company’s 86th annual general meeting.

The meeting took place June 26 at 10 a.m. JST at Kyoto International Exhibition Hall “Miyako Messe” in Kyoto. The June 30 extraordinary report listed four approved proposals: a distribution of surplus of 177 yen per share, the election of nine directors excluding audit committee members, the election of four directors who are audit and supervisory committee members, and a revision to the ceiling for restricted-stock compensation for certain directors.

The approved board slate included Shuntaro Furukawa, Shigeru Miyamoto, Shinya Takahashi, Satoru Shibata, Ko Shiota, Yusuke Beppu, Chris Meledandri, Miyoko Demay and Kazuhiko Hachiya. Meledandri, Demay and Hachiya were outside directors on the board. The audit and supervisory committee seats went to Yutaka Takenaga, Asa Shinkawa, Eiko Osawa and Chika Saka, with Shinkawa, Osawa and Saka serving as outside directors on that committee.

The board approved the dividend on May 8 after fiscal-year results. The annual dividend for the year ended March 31, 2026 came to 219 yen per share, including a 42 yen interim payment and the approved 177 yen year-end payout. The total year-end dividend payment for fiscal 2026 was 204,050 million yen. Nintendo’s dividend policy sets the annual payout using the higher of a formula based on 40% of consolidated operating profit or a 60% consolidated payout ratio.

Nintendo raised the annual ceiling for monetary compensation claims tied to restricted stock to 1 billion yen and 50,000 shares, up from the 100 million yen and 10,000-share cap approved at the 82nd AGM in 2022 before the company’s 10-for-1 stock split took effect on Oct. 1, 2022.

After the AGM, Nintendo reappointed Furukawa as president and representative director and Miyamoto as representative director.