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Shareholder returns (dividend policy and special offers)

Dividend policy

For the time being, we aim to maintain a dividend payout ratio of 30%, while striving to increase the amount of dividends per share to ensure a stable distribution of profits to all shareholders, reflecting changes in our business performance. We place priority on free cash flow and on the development of new products and technologies to increase our corporate value in the future, while at the same time distributing profits from a long-term perspective.
The Company's basic policy is to pay dividends from surplus twice a year, an interim dividend and a year-end dividend. The Company's Articles of Incorporation stipulate that the Company may pay an interim dividend. The Board of Directors decides on interim dividends, and the General Meeting of Shareholders decides on year-end dividends.
Based on our basic policy of returning profits to shareholders and in consideration of our earnings situation, we have decided to pay a dividend of 80.00JPY per share for the current fiscal year. As a result, the total annual dividend for the year under review, together with the interim dividend of 55.00JPY per share, will be 135.00JPY per share.

Cautionary note regarding forward-looking statements

The forward-looking statements, including earnings forecasts, contained in this website are based on information currently available to the Company and certain assumptions that the Company considers reasonable.

Dividend status

Fiscal year 1st-H 2nd-H Full-year Dividend yield Memo
2010-9 2.0 3.0 5.0 1.82%  
2011-9 2.5 4.5 7.0 2.01%  
2012-9 4.0 5.0 9.0 2.08%  
2013-9 6.0 6.0 12.0 1.70%  
2014-9 7.5 7.5 15.0 2.29%  
2015-9 7.5 7.5 15.0 2.64%  
2016-9 7.5 10.0 17.5 3.08%  
2017-9 7.5 50.0 57.5 0.67% Share consolidation 1:0.2 1st Apr.2017
2018-9 50.0 60.0 110.0 1.77%  
2019-9 55.0 55.0 110.0 2.89%  
2020-9 55.0 55.0 110.0 1.90%  
2021-9 55.0 80.0 135.0 1.93%  
2022-9 (Undecided) (Undecided) (Undecided) (Undecided) Stock splits 1:2 1st Oct.2021 Yields as at 27 September (last day of trading before split)

Notes on the use of the "Dividend Information" content

  • The contents of this data are prepared based on the announcement of financial results, etc., but are not reflected immediately.
  • In the event of a stock split, etc., the relevant indices have not been adjusted retroactively.
  • The frequency of updates may change due to changes in the format of the financial statements.

However, please be aware that errors may occur due to falsification by a third party, mechanical defects caused by malfunction of equipment, or other force majeure.
For details of information on financial results, etc., please refer to the financial statements and other documents.
Notes on the use of the "Dividend Information" content.