Dividend per share
Fiscal year ending February 2027The policy is to target a consolidated dividend payout ratio of 40% and increase dividends as earnings grow, while securing funds for capital investments and other requirements necessary for sustainable growth.
| Item | Details |
|---|---|
| Payout ratio | Consolidated dividend payout ratio: target of 35% → Consolidated dividend payout ratio: target of 40% |
| Dividend policy | The policy is to target a consolidated dividend payout ratio of 40% and increase dividends as earnings grow, while securing funds for capital investments and other requirements necessary for sustainable growth. |
| Whether Submission to the General Meeting of Shareholders Is Required | Board of directors resolution only |
| Fiscal Period Covered | Fiscal year ending February 2027 |
Items this document does not state (8)
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.To further enhance shareholder returns in light of the stabilization of the earnings base and improved cash-generation capacity. As the Company will continue to pursue growth investments centered on M&A, it will allocate capital, including share buybacks, according to priorities.