Dividend per share
Fiscal year ending February 2027Each vertical step represents one dividend payment, and the total height of the accumulated steps represents the annual dividend for the period.
The record date is the cutoff date for determining which persons listed in the shareholder register on that date are entitled to receive dividends.Payments begin on the effective date.
Following the change, the company will use a DOE of approximately 10% as its dividend benchmark, defined as the annual dividend amount as a percentage of shareholders’ equity at the end of the previous fiscal year, and will pay dividends twice a year, consisting of an interim dividend and a year-end dividend.
| Item | Details |
|---|---|
| Dividend per share | Not disclosed → Interim 21 yen 00 sen / End of period 21 yen 00 sen / Annual 42 yen 00 sen |
| Total Annual Dividends | Not disclosed → 42 yen 00 sen |
| Previous-period results (per share) | Interim ¥0.00 / End of period ¥40.00 / Annual ¥40.00 |
| Record date | Current-period forecast (specific record date: Not disclosed) |
| Effective date | Effective from the interim dividend for the fiscal year ending February 2027 |
| Breakdown of Regular, Commemorative and Special Dividends | Regular dividend Annual dividend amount attributable to the previous fiscal year-end shareholders’ equity (regular dividend portion) / Commemorative dividend Not disclosed / Special dividend Not disclosed |
| Payout ratio | Payout ratio of approximately 50% of net income before amortization of goodwill → Not disclosed |
| Dividend policy | Following the change, the company will use a DOE of approximately 10% as its dividend benchmark, defined as the annual dividend amount as a percentage of shareholders’ equity at the end of the previous fiscal year, and will pay dividends twice a year, consisting of an interim dividend and a year-end dividend. |
| 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 (2)
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 promote management focused on improving capital efficiency and taking the cost of shareholders’ equity into account, and to achieve stable and sustainable dividends that are not affected by temporary factors such as foreign exchange fluctuations. In addition, to enhance opportunities to return value to shareholders and increase the frequency of such returns.