DIVIDEND

Dividend Policy

The Company’s basic policy regarding the distribution of profits is to actively return profits to shareholders while enhancing corporate value by strengthening the Company’s management base and financial position. Based on this policy, we aim to achieve a dividend payout ratio of 30%, which will be implemented while comprehensively taking into account the Company’s business situation, financial condition, and business performance.

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)