SHAREHOLDER RETURNS / DIVIDENDS
Dividend Policy
We regard returning profits to shareholders as one of our most important management goals, along with improving profitability through ensuring a sound operating foundation and financial health as well as boosting investment efficiency. Therefore, we determine dividend amounts based on the Basic Dividend Policy below, taking into consideration investment projects and our financial condition (net assets, etc.). (In a fiscal year where there is a significant fluctuation in after-tax profit attributable to owners of the parent due to special factors such as extraordinary income or losses, the dividend amount will be determined in consideration of the corresponding impact.)
Basic Dividend Policy
Realize stable and continuous dividend payments
Dividend payout ratio of 50% or more on a consolidated basis in relation to profit attributable to owners of parent
Standard of a dividend on equity (DOE) ratio of 4.0% (on a consolidated basis)
The decision-making body for dividends of surplus is the general meeting of shareholders for year-end dividends and the board of directors for interim dividends.
Dividend History
(Yen)
| 11/2019 | 11/2020 | 11/2021 | 11/2022 | 11/2023 | |
|---|---|---|---|---|---|
| Annual | 26.00 | 18.00 | 26.00 | 32.00 | 55.00 |
| Interim | 13.00 | 13.25 | 9.00 | 13.50 | 27.00 |
| Year-end | 13.00 | 4.75 | 17.00 | 18.50 | 28.00 |
Repurchase of Treasury Stock
| Acquisition period | Acquisition method | Number of shares to be acquired | Total amount acquired |
|---|---|---|---|
| March 1, 2019 – May 24, 2019 |
Purchase on the Tokyo Stock Exchange | 183,900 | 151,148,800 yen |
| September 1, 2021 – August 31, 2022 |
Purchase on the Tokyo Stock Exchange | 700,000 | 512,924,000 yen |
| March 1, 2023 – January 31, 2024 |
Purchase on the Tokyo Stock Exchange | 500,000 shares | 595,224,000 yen |