Basic policy

The Company has positioned returning of profits to shareholders as one of its important management policies. The Company’s basic policy is to maintain sustainable dividend distribution in accordance with the Company’s performance while securing internal reserves necessary to achieve stable corporate growth and to respond to changes in the business environment in the future. The Company aims at a payout ratio of 30% on a consolidated basis as the standard.

Dividend results

Regarding the dividend forecast for the fiscal year ending March 2026, the interim dividend forecast was 90 yen per share and the year-end dividend forecast was undecided. However, in light of the above revision of the earnings forecast, the company has revised the latest dividend forecast. The company forecasts the annual dividend of 210 yen per share, an interim dividend of 105 yen per share and the year-end dividend of 105 yen per share.

As of July 31, 2025

FY2021

FY2022

FY2023

FY2024

FY2025

(Forecast)

Year-end dividend (yen)

285

365

230

240

210

Interim dividend (yen)

95

170

80

115

105

Consolidated dividend payout ratio

28.5%

31.2%

31.20%

30.4%

30.0%

Dividends per share:yen