Dividend per share
Fiscal year ending March 2027Each vertical step represents one dividend payment, and the total height of the accumulated steps represents the annual dividend for the period. For periods showing only the annual amount, the payment breakdown is not provided, so only the end point is plotted.
The record date is the cutoff date for determining which persons listed in the shareholder register on that date are entitled to receive dividends.
The Company will continue to pay dividends while securing the retained earnings necessary for future business development and strengthening its management foundation. It will target an annual dividend payout ratio of 50% over the medium to long term, with DOE (dividend on equity ratio = total dividends / net assets) of 5% as a floor. Dividends will also be paid twice a year, as interim and year-end dividends.
| Item | Details |
|---|---|
| Dividend per share | 45 yen → 65 yen（+44.4%） |
| Total Annual Dividends | 45 yen → 65 yen（+44.4%） |
| Previous-period results (per share) | Interim 0 yen / End of period 40 yen / Annual 40 yen |
| Record date | The record date for the interim dividend is 30 September each year. The record date for the year-end dividend is not disclosed. |
| Breakdown of Regular, Commemorative and Special Dividends | Breakdown between ordinary, commemorative and special dividends: not disclosed |
| Payout ratio | Annual dividend payout ratio Targeting 50% over the medium to long term (target) / Category Not disclosed |
| Dividend policy | The Company will continue to pay dividends while securing the retained earnings necessary for future business development and strengthening its management foundation. It will target an annual dividend payout ratio of 50% over the medium to long term, with DOE (dividend on equity ratio = total dividends / net assets) of 5% as a floor. Dividends will also be paid twice a year, as interim and year-end dividends. |
| Whether Submission to the General Meeting of Shareholders Is Required | Board of directors resolution only |
| Fiscal Period Covered | Fiscal year ending March 2027 |
Items this document does not state (3)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The Company determined that it has sufficient capacity to further enhance shareholder returns even while executing its growth investments as planned. The changes are also intended to improve capital efficiency and enhance predictability for shareholders, and to introduce interim dividends in connection with the change to the dividend policy.