Dividend per share
Fiscal year ending March 2026Each 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.Payments begin on the effective date.
The indicators and target levels for annual dividends will be a payout ratio of 50% based on net income attributable to owners of the parent and DOE (dividend on equity: total dividends divided by shareholders' equity) of 8.0%. The dividend for each fiscal year will be the higher of the amounts calculated using these two measures. Applies starting with dividends for the fiscal year ending March 2027.
| Item | Details |
|---|---|
| Dividend per share | ¥20 → ¥24（+20.0%） |
| Total Annual Dividends | previous_forecast Not disclosed / revised_forecast ¥44 / change Not disclosed / change_rate Not disclosed |
| Previous-period results (per share) | Interim Not disclosed / End of period ¥90 / Annual ¥90 |
| Total dividends | ¥3,673 million → ¥1,014 million |
| Record date | 31 March 2026 |
| Effective date | 23 June 2026 |
| Source of dividends | Retained earnings |
| Breakdown of Regular, Commemorative and Special Dividends | Ordinary dividend only. No commemorative or special dividend is disclosed. |
| Payout ratio | Target: 50% (based on net income attributable to owners of the parent) |
| Dividend policy | The indicators and target levels for annual dividends will be a payout ratio of 50% based on net income attributable to owners of the parent and DOE (dividend on equity: total dividends divided by shareholders' equity) of 8.0%. The dividend for each fiscal year will be the higher of the amounts calculated using these two measures. Applies starting with dividends for the fiscal year ending March 2027. |
| Whether Submission to the General Meeting of Shareholders Is Required | Board of directors resolution only |
| Fiscal Period Covered | Fiscal year ending March 2026 |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The year-end dividend was increased after comprehensive consideration of business performance, financial condition and other factors, in order to enhance shareholder returns. Regarding the dividend policy, the new medium-term management plan raises the ROE target from 15% to 16%, and the DOE target was raised to balance proactive growth investment, flexible capital policy and the return of profits to shareholders.