Shareholder Return Policy
The Company positions the return of profits to shareholders as an important management issue.
With respect to dividend policy, in addition to the existing policy of aiming for a consolidated dividend payout ratio of 30%, we have introduced a new index of dividend on equity (DOE) of 3% or more to realize stable and continuous dividends.
Going forward, we will continue to aim to achieve stable and continuous dividend payments conditioned on the distribution of results in accordance with earnings, while strengthening our financial base.
Deviend Per Share
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 (Forecast) |
|
|---|---|---|---|---|---|
| Interim Dividend (yen) | 15 | 18 | 20 | 20 | 25 |
| Year-end Dividend (yen) | 15 | 18 | 20 | 20 | 25 |
| Annual Dividend (yen) | 30 | 36 | 40 | 40 | 50 |
| Diviend payout ratio (%) | 28.8 | 26.9 | 30.8 | 25.0 | 30.2 | Diviend on Equity (DOE) (%) | 3.2 | 3.4 | 3.4 | 3.0 | 3.4 |