[As of Nov 7, 2022]
The Company considers the return of its profits to shareholders as an important managerial issue. The Company’s basic dividend policy is to maintain payouts that are appropriate in light of its financial results, while increasing shareholders’ equity and keeping long-term and stable earning power.
As for dividends, in principle the Company aims to continually pay out about 30% of profit attributable to owners of parent for each fiscal year, which is calculated from consolidated ordinary profit and assuming extraordinary income and losses are zero.
| 2019/03 | 2020/03 | 2021/03 | 2022/03 | 2023/03 | 2024/03 （Expected） |
||
|---|---|---|---|---|---|---|---|
| Dividend Per Share(yen) | 1Q | - | - | - | - | - | - |
| 2Q | 32.00 | 36.00 | 18.00 | 20.00 | 23.00 | 25.00 | |
| 3Q | - | - | - | - | - | - | |
| FY-End | 34.00 | 18.00 | 20.00 | 24.00 | 27.00 | 25.00 | |
| Total | 66.00 | - | 38.00 | 44.00 | 50.00 | 50.00 | |
| Amount of Dividends(million yen) | 722 | 750 | 798 | 925 | 1,053 | - | |
| Payout Ratio(%) | 31.6 | 31.5 | 30.3 | 28.6 | 31.6 | 29.4 | |
| Ratio of Total Amount of Dividends to Net Assets(%) | 4.6 | 4.8 | 4.5 | 4.4 | 4.5 | - | |
[note]
The Company implemented a 2-for-1 share split of common shares with an effective date of February 1, 2020.
- The actual amounts of dividends before the share split are shown for the FY3/2018 interim dividend until the FY3/2020 interim dividend.
- The total for FY3/2020 is not shown in the table above because the implementation of the share split makes it impossible to perform a simple calculation.
