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Return to Shareholders / Dividends
As of March 12, 2026
Shareholder Return Policy
We will pursue growth investments aimed at medium- to long-term expansion while maintaining financial soundness, and strive to return value to shareholders with a focus on capital efficiency.
Regarding shareholder returns, our basic policy is to maintain a stable dividend with a minimum annual dividend of JPY 100 per share, and flexibly acquisition of treasury stock, taking into account cash flow, with a total return ratio target of approximately 50%.
Regarding treasury stock, the maximum holding is set at 5% of the total number of issued shares. Any shares exceeding this limit will be cancelled.

Specific Figures for Dividend of Surplus
For the fiscal year ending March 2026 (FY2026), we plan to increase the annual dividend per share from JPY 60 to JPY 100 (interim JPY 50, year-end JPY 50). Regarding the repurchase of treasury stock, we intend to implement it based on the calculation method described above.
Changes in Shareholder Returns
|
(2022/3) |
(2023/3) |
(2024/3) |
(2025/3) |
(2026/3) |
||
|
Dividends
|
Annual dividend per share
(yen) |
50.00
|
50.00
|
55.00
|
60.00
|
(forecast) |
|
Interim dividend (yen)
|
25.00
|
25.00
|
25.00
|
30.00
|
50.00
|
|
|
Annual dividend
|
12.1 billion yen
|
12.1 billion yen
|
13.3 billion yen
|
14.4 billion yen
|
||
|
Acquisition of
Treasury Stock |
Number of stocks
acquired (stocks) |
-
|
437,900
|
1,676,200
|
1,422,800 | |
|
Acquisition amount
|
-
|
2.0 billion
yen |
7.1 billion
yen |
5.8 billion yen |
||
Notes:
1.Shares acquired by requesting purchase of shares less than one unit are not included.
2.The annual dividend and the acquisition amount of treasury stock have been rounded to the nearest 100 million yen.