Dividend policy

We consider shareholder return to be a priority management issue and have made it our basic policy to return the maximum amount of profit to shareholders according to business results each period, giving due consideration to ensuring that we have the internal reserves necessary for future growth. 
We provide dividends twice a year (interim and year-end), determined by resolution of the General Meeting of Shareholders and the Board of Directors unless otherwise specified by law in accordance with the provisions of Article 459, Paragraph 1 of the Companies Act.

Trend in dividends

FY2017 FY2018 FY2019 FY2020 FY2021 FY2022
(Expected)
Dividend Per Share(yen) 1Q ------
2Q 25.0025.0025.0025.0012.5012.50
3Q ------
FY-End 25.0025.0025.0025.0012.5012.50
Total 50.0050.0050.0050.0025.0025.00
Amount of Dividends(million yen) 799799766749749-
Payout Ratio(%) 17.213.120.511.221.214.5
Ratio of Total Amount of Dividends to Net Assets(%) 2.32.11.91.71.5-

*On April 1, 2020, we carried out a stock split on ordinary shares at a two for one ratio. Dividend amounts for periods prior to the fiscal year ended March 2020 are the actual amounts before the stock split.

Disclaimers

  • The frequency of updates may be changed in conjunction with changes to the format of summaries of financial results and other such documents. 

 

This data has been prepared based on the summary of financial results. 
Due care has been taken when converting the data for publishing. However, please be advised that the possibility exists for errors to arise due to uncontrollable circumstances, such as unauthorized alteration of contents by a third party or equipment malfunctions and other mechanical defects. 
For detailed information on financial results, refer to the summary of financial results and other such documents.