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 for the fiscal year ending March 2026, the interim dividend is 105 yen per share in line with the previously announced forecast. The year-end dividend forecast is revised from 105 yen per share in the previous announcement to 140 yen per share based on the revision of the full-year consolidated earnings forecast. As a result, the annual dividend is expected to be 245 yen per share.

As of October 31, 2025

FY2021

FY2022

FY2023

FY2024

FY2025

(Forecast)

Interim dividend (yen)

95

170

80

115

105

Year-end dividend (yen)

190

195

150

125

140

Net income per share (yen)

285

365

230

240

245

Consolidated dividend payout ratio

28.5%

31.2%

30.1%

30.4%

30.0%

Dividends per share:yen