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

As for the fiscal year ended March 2025, the Company paid an interim dividend of 115.00 yen per share. In accordance with the above-mentioned policy, for the year-end dividend distribution, the Company will be proposing its year-end dividend of 125.00 yen per share (full-year total dividends of 240.00 yen per share, dividend payout ratio (consolidated) 30.4% of the Company's consolidated profit) to the ordinary general meeting of shareholders.

As of May 22, 2025

FY2020

FY2021

FY2022

FY2023

FY2024

(Determined)

Year-end dividend (yen)

80

285

365

230

240

Interim dividend (yen)

30

95

170

80

115

Consolidated dividend payout ratio

30.7%

28.5%

31.2%

31.20%

30.4%

Dividends per share:yen