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
FY03/2021 | FY03/2022 | FY03/2023 | FY03/2024 | FY03/2025 (forecast) | |
---|---|---|---|---|---|
Interim (yen) | 14 | 42 | 50 | 58 | 61 |
Fiscal year end (yen) | 23 | 42 | 55 | 60 | 61 |
Annual (yen) | 37 | 84 | 105 | 118 | 122 |