Shareholder Return Policy
The Company positions the return of profits to its shareholders as one of its key management priorities and, while securing the internal reserves necessary for business growth investments and the strengthening of its management foundation, has adopted as its basic policy the payment of stable and sustainable dividends based on a progressive dividend policy.
With regard to the acquisition of treasury stock, after securing growth investments, the Company will flexibly proceed with the acquisition in consideration of the need under its capital policy as well as the impact on its financial position.
Changes in Dividends/Dividend Payout Ratio
| Dividend per share | Payout ratio | ROE | |||
|---|---|---|---|---|---|
| Interim dividend | Year-end dividend | Annual dividend | |||
| FY2025(Forecast) | 11.5yen | 13.5yen | 25.0yen | 33.6% | - |
| FY2024 | 10.5yen | 12.5yen* | 23.0yen | 81.4% | 7.2% |
| FY2023 | 10.5yen | 10.5yen | 21.0yen | 264.5% | 2.1% |
| FY2022 | 10.5yen | 10.5yen | 21.0yen | 57.5% | 10.1% |
| FY2021 | 7.5yen | 7.5yen | 15.0yen | 18.2% | 28.0% |
| FY2020 | 7.0yen | 7.0yen | 14.0yen | 31.0% | 18.4% |
Shareholder Benefit Program
(1) Eligible shareholder
Shareholders who hold 500 shares (5 trading units) or more of our shares and are listed or recorded in the shareholder register as of the record date (March 31 of each year) are eligible.
(2) Details of shareholder benefit
A QUO Card worth 10,000 yen will be uniformly presented to each eligible shareholder.
(3) Schedule and method
Shipment of the shareholder benefit is scheduled for early June of each year, with the benefit enclosed with the documents related to the Ordinary General Meeting of Shareholders and sent to the address listed or recorded in the shareholder register as of the record date (March 31 of each year).