Dividends

Basic Dividend Policy

The Company believes that returning profits to shareholders is an important management priority. Accordingly, the Company has adopted a basic policy of distributing dividends twice a year, specifically an interim and a year-end dividend. From the standpoint of continuous and stable return of profits and ensuring stable management and financial affairs, the Company implements performance-based dividends according to the level of net profit attributable to owners of parent.
The amount of dividends is set at a level consistent with a consolidated dividend payout ratio of at least 30% (annually) based on net profit attributable to owners of parent, and a dividend on equity (DOE) ratio of 3.5% or more. In determining the amount of dividends, the Company considers a comprehensive range of factors including the management environment, while remaining mindful of the importance of securing the investment funds needed to develop business.

Dividend Information

  FY03/2023 FY03/2024 FY03/2025 FY03/2026 FY03/2027 (forecast)
Interim (yen) 50 58 61 72 85
Fiscal year end (yen) 55 60 81 75 86
Annual (yen) 105 118 142 147 171

Dividends and Dividend Payout Ratio