Shareholder Returns
Policy on Shareholder Returns
The Company aims to enhance corporate value through sustainable growth by reinvesting profits generated from our business into strengthening our future business base and increasing shareholder returns, while maintaining a stable financial base. In terms of shareholder returns, the Company has set a target dividend payout ratio of 35% or more in our three-year medium-term management plan ending in March 2027, and plan to maintain dividend increases that exceed profit growth rate while implementing flexible share buybacks.
Dividend per share
| Interim dividend | Year-end dividend | Annual dividend | Dividend payout ratio | |
|---|---|---|---|---|
| Year ending Mar 31, 2026 (Forecast) |
57 yen | 63 yen | 120 yen | 33.6% |
| Year ending Mar 31, 2025 | 50 yen | 55 yen | 105 yen | 28.7% |
| Year ending Mar 31, 2024 | 45 yen | 49 yen | 94 yen | 28.6% |
| Year ending Mar 31, 2023 | 41 yen | 41 yen | 82 Yen | 26.8% |
| Year ending Mar 31, 2022 | 39 yen | 39 yen | 78 yen | 25.1% |
Dividend record date
Shareholders must be registered in the shareholders' register by the dividend record date to receive dividends.
Year-end dividend: March 31
Interim dividend: September 30
Registered shareholders will receive dividend-related documents from the shareholder registry administrator (Mitsubishi UFJ Trust and Banking Corporation, Securities Agent Department) after the dividend amount is determined.
Acquisition of treasury stock
| Period of acquisition | Method of acquisition | Total number of shares repurchased | Total amount repurchased |
|---|---|---|---|
| Jul 30, 2024 - Feb 17, 2025 | Market purchase on the Tokyo Stock Exchange | 1,170,600 shares | 4.9 billion yen |
| Oct 29, 2021 - Dec 23, 2021 | Off-Auction purchase transaction (TosTNeT-3) Market purchase on the Tokyo Stock Exchange | 700,000 shares | 3.4 billion yen |
