Dividend Information

Basic policy on profit allocation

We consider improving corporate value by maintaining stable profitability and sustainable growth as well as meeting the expectations of shareholders through a return of profits to be critical tasks of management.
We will strive to consistently pay dividends without decreasing the current level of annual dividends, intending to maintain a payout ratio of 40%, while strengthening internal reserves to execute capital investment and M&A toward future growth.

Dividend Trends

Dividends per Share (JPY)
FY2023.3 (Forecast) 90.00 Year-end Dividend 45.00
Interim Dividend 45.00
FY2022.3 90.00 Year-end Dividend 45.00
Interim Dividend 45.00
FY2021.3 85.00 Year-end Dividend 45.00
Interim Dividend 40.00
FY2020.3 65.00 Year-end Dividend 35.00
Interim Dividend 30.00
FY2019.3 60.00 Year-end Dividend 30.00
Interim Dividend 30.00
FY2018.3 31.50 Commemorative Dividend 01.50
Year-end Dividend 15.00
Interim Dividend 15.00
FY2017.3 30.00 Year-end Dividend 15.00
Interim Dividend 15.00
FY2016.3 30.00 Year-end Dividend 15.00
Interim Dividend 15.00

* Dividend amounts have been adjusted in accordance with the 2-for-1 stock split effective on April 1, 2021.