DIVIDEND

Dividend Policy

The Company’s basic policy on profit distribution is to actively return profits to shareholders while enhancing corporate value through the enhancement of its management base and financial strength. Based on this policy, the Company will target a dividend payout ratio of 40% or more from the fiscal year ending March 31, 2026, while comprehensively taking into account the Company’s management situation, financial and business performance, and other factors.

Dividend Trends

Dividend per share (yen) and payout ratio FY3/2020: Dividend 24.0, payout ratio 38.5% FY3/2021: Dividend 24.0, payout ratio 33.8% FY3/2022: Dividend 30.0, payout ratio 34.9% FY3/2023: Dividend 45.0, payout ratio 43.1% FY3/2024: Dividend 48.0, payout ratio 37.0% *A commemorative dividend of 15.00 yen was paid at the end of the second quarter of the fiscal year ending March 31, 2023 (commemorative dividend for the 60th anniversary of the company's founding).
Dividend per share (yen) Second quarter: 15.0 for the year ended March 31, 2023 Year-end: 24.0 for the year ended March 31, 2020, 24.0 for the year ended March 31, 2021, 30.0 for the year ended March 31, 2022, 30.0 for the year ended March 31, 2023, 48.0 for the year ended March 31, 2024 Total: 24.0 for the year ended March 31, 2020, 24.0 for the year ended March 31, 2021, 30.0 for the year ended March 31, 2022, 30.0 for the year ended March 31, 2023, 48.0 for the year ended March 31, 2024 30.0, FY Mar/2023: 45.0, FY Mar/2024: 48.0 Dividend amount (millions of yen) FY Mar/2020: 587, FY Mar/2021: 587, FY Mar/2022: 734, FY Mar/2023: 1,089, FY Mar/2024: 1,148 Payout ratio (%) FY Mar/2020: 38.5, FY Mar/2021: 33.8 33.8, FYE Mar.2022: 34.9, FYE Mar.2023: 43.1, FYE Mar.2024: 37.0 * Breakdown of dividend at the end of the second quarter of FYE Mar.2023 Commemorative dividend: 15.00 yen (commemorative dividend for the 60th anniversary of the company's founding)
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