Dividend per share
Fiscal 2026 (fiscal year ending March 2027)Based on the forecast annual dividend per share of ¥170.00 for the fiscal year ending March 2026, the Company will in principle provide progressive dividends, with the basic policy of maintaining and increasing dividends on a long-term and stable basis. In addition, it will make flexible and timely shareholder returns, including share repurchases.
| Item | Details |
|---|---|
| Dividend per share | ¥170.00 → Not disclosed |
| Total Annual Dividends | ¥170.00 → Not disclosed |
| Breakdown of Regular, Commemorative and Special Dividends | Maintain or increase dividends per share excluding special dividends, without reducing them |
| Payout ratio | Before the change: consolidated dividend payout ratio of at least 30% as a guideline / After the change: consolidated total payout ratio of at least 40% as a target |
| Dividend policy | Based on the forecast annual dividend per share of ¥170.00 for the fiscal year ending March 2026, the Company will in principle provide progressive dividends, with the basic policy of maintaining and increasing dividends on a long-term and stable basis. In addition, it will make flexible and timely shareholder returns, including share repurchases. |
| Fiscal Period Covered | Fiscal 2026 (fiscal year ending March 2027) |
Items this document does not state (6)
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 secure the retained earnings required for growth investments under the Medium-Term Management Plan 2030 while achieving management that is conscious of the cost of capital and share price, the Company has reviewed its cash allocation in order to enhance the stability, continuity and predictability of shareholder returns.