Dividend per share
Fiscal year ending March 2027The 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 implement a progressive dividend policy, with dividends paid twice a year, consisting of an interim dividend and a year-end dividend, as its basic policy, and will target a dividend on equity (DOE) of 3.0% as a guideline.
| Item | Details |
|---|---|
| Record date | 31 March 2026 |
| Payout ratio | Before change: Targeting at least 20% (current policy) |
| Dividend policy | The Company will continue to implement a progressive dividend policy, with dividends paid twice a year, consisting of an interim dividend and a year-end dividend, as its basic policy, and will target a dividend on equity (DOE) of 3.0% as a guideline. |
| 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 (7)
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 dividend policy was reviewed to clarify the Company's commitment to returning profits to long-term shareholders by specifying a progressive dividend policy, and to use DOE as an indicator because it is less susceptible to the effects of single-year earnings and indicates the proportion of shareholder equity returned to shareholders. Regarding the shareholder benefits, the Company determined that, from the perspective of equitable profit returns, it was appropriate to consolidate shareholder returns into dividend payments.