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.
With respect to the distribution of surplus, the Company regards shareholder returns as one of its highest management priorities. In principle, dividends are determined based on a payout ratio of 30% or more and a dividend on equity (DOE) of 4.5% or more, taking into consideration the need to provide stable dividends and retain earnings in preparation for future business development. Retained earnings will be allocated to growth investment and the strengthening of the management base.
| Item | Details |
|---|---|
| Dividend per share | End of second quarter ¥24.00 / End of period ¥24.00 / Total ¥48.00 → End of second quarter ¥35.00 / End of period ¥35.00 / Total ¥70.00（End of second quarter 45.83% / End of period 45.83% / Total 45.83%） |
| Total Annual Dividends | ¥48.00 → ¥70.00（45.83%） |
| Previous-period results (per share) | End of second quarter ¥100.00 (¥20.00 adjusted for the stock split) / End of period ¥120.00 (¥24.00 adjusted for the stock split) / Annual ¥220.00 (¥44.00 adjusted for the stock split) |
| Breakdown of Regular, Commemorative and Special Dividends | Ordinary dividend only. No separate commemorative or special dividend is stated. |
| Payout ratio | After Change In principle, 30% or more / Current actual results Not disclosed |
| Dividend policy | With respect to the distribution of surplus, the Company regards shareholder returns as one of its highest management priorities. In principle, dividends are determined based on a payout ratio of 30% or more and a dividend on equity (DOE) of 4.5% or more, taking into consideration the need to provide stable dividends and retain earnings in preparation for future business development. Retained earnings will be allocated to growth investment and the strengthening of the management base. |
| 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 (4)
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.Based on the new medium-term management plan, the Company will manage its equity ratio within a range of 50% to 60% and enhance growth investment and shareholder returns by improving the efficiency of cash utilization and securing flexible financing. The dividend forecast has been revised in line with the revised dividend policy.