Dividend Trends

Dividend Policy

With regard to profit allocation, the basic policy is to emphasize the enhancement of internal reserves to strengthen the management foundation of the Company and to continue stable profit distribution to shareholders. In addition, the Company’s major profit return policy to shareholders is to return profits by dividends, aiming for a consolidated dividend payout ratio of 30% or more.
For the fiscal year ending March 2025, the Company forecast s a dividend of 95.0 yen per share (including an interim dividend of 45.0 yen).

Cash dividends per share (full year)

Unit: Yen FY2020 FY2021 FY2022 2FY2023 FY2024
(Interim Dividends) 37.50
(12.50)
50.00
(25.00)
75.00
(37.50)
80.00
(37.50)
95.00(forecasts)
(45.00)