Basic policy
The Company has positioned the shareholder returns as an essential management policy. While securing retained earnings to generate stable corporate growth and respond to changes in operating environment, our policy is to maintain sustainable dividend distribution in accordance with the company's performance. Our aiming dividend payout ratio is 30% of the company's consolidated profit per fiscal year.
Dividend results
For the fiscal year ending March 31, 2024, we forecast an annual dividend of 220 yen per share, consisting of the interim dividend of 80 yen per share and the year-end dividend of 140 yen per share, based on the revised earnings forecast.
As of January,31,2024
| FY2019 | FY2020 | FY2021 | FY2022 | FY2023 (Forecast) |
|
|---|---|---|---|---|---|
| Year-end dividend (yen) |
80 | 80 | 285 | 365 | 220 |
| Interim dividend (yen) |
45 | 30 | 95 | 170 | 80 |
| Consolidated dividend payout ratio | 31.7% | 30.7% | 28.5% | 31.2% | 30.0% |
