INVESTOR RELATIONS

Dividend Policy

Dividend Policy

To strengthen our management base, which is oriented towards lasting development, we are attempting to enhance our internal reserves. Considering the overall management environment and performance, we are acting on the basic principle of returning profits regularly and sustainably.

During the period of Midterm Management Plan 2025, we will carry out shareholder returns with a consolidated payout ratio of 70%.

To increase opportunities to return profit to shareholders, we have introduced an interim dividend system from FY2021.We stipulated in the articles of incorporation to allow interim dividend payment by resolution of the Board of Directors with September 30 as the reference date, in accordance with the Article 454, paragraph 5 of the Companies Act.

Dividend per share

Dividend per share
86th Term (FY ending March 2023) 221yen(Interim 140yen End 81yen)
85th Term (FY ending March 2022) 221yen(Interim 90yen End 131yen)
84th Term (FY ending March 2021) 105yen
83rd Term (FY ending March 2020) 105yen
82nd Term (FY ending March 2019) 105yen
81st Term (FY ending March 2018) 95yen