Return to Shareholders / Dividends
As of Jun 14, 2024
Shareholder Return Policy
We aim to deliver steady dividends to shareholders, as measured by a total payout ratio of 30%, and steadily acquire treasury stock, while working to enhance our operating foundation.
Besides, we will cap our treasury holdings at 5% of total outstanding shares and dispose of any holdings that exceed this cap.
Specific Figures for Dividend of Surplus
For FY2024, annual dividend will be increased from ¥50 per share to \55 (¥25 interim + ¥30 year-end). Shares will be repurchased with a cap of ¥7.1 billion.
For FY2025, based on recent business performance, the annual dividend will be increased from ¥55 per share to \60 (¥30 interim + ¥30 year-end).
With regard to the acquisition of treasury stock, the Company plans to buyback stock based on the formula described above.
Changes in Shareholder Returns
| FY2021 (2021/3) |
FY2022 (2022/3) |
FY2023 (2023/3) |
FY2024 (2024/3) |
FY2025 (2025/3) |
||
| Dividends | Annual dividend per share (yen) |
50.00 | 50.00 | 50.00 | 55.00 | 60.00 (forecast) |
| Interim dividend (yen) | 25.00 | 25.00 | 25.00 | 25.00 | 30.00 (forecast) |
|
| Annual dividend | 12.2 billion yen | 12.1 billion yen | 12.1 billion yen | 13.3 billion yen | ||
| Acquisition of Treasury Stock | Number of stocks acquired (stocks) | - | - | 437,900 | 2,000,000 (maximum) |
|
| Acquisition amount | - | - | 2.0 billion yen |
7.1 billion yen (maximum) |
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.
