Dividend per share
Fiscal year ending November 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 basic policy is to distribute profits in line with performance, taking into consideration earnings trends, future business development, including capital investment and research and development, and the buildup of retained earnings required to strengthen the management foundation. During the period covered by the medium-term management plan, the Company will raise the dividend payout ratio in stages and aims to set it at 30% if the equity ratio reaches 40% or more.
| Item | Details |
|---|---|
| Dividend per share | 45 yen → 150 yen |
| Total Annual Dividends | 45 yen → 150 yen |
| Previous-period results (per share) | Interim 0 yen / End of period 44 yen / Annual 44 yen |
| Breakdown of Regular, Commemorative and Special Dividends | Regular dividend 40 / Commemorative dividend 4 → Regular dividend 150 / Commemorative dividend 0 |
| Payout ratio | Target: 30% (if the equity ratio reaches 40% or more) |
| Dividend policy | The basic policy is to distribute profits in line with performance, taking into consideration earnings trends, future business development, including capital investment and research and development, and the buildup of retained earnings required to strengthen the management foundation. During the period covered by the medium-term management plan, the Company will raise the dividend payout ratio in stages and aims to set it at 30% if the equity ratio reaches 40% or more. |
| Whether Submission to the General Meeting of Shareholders Is Required | Board of directors resolution only |
| Fiscal Period Covered | Fiscal year ending November 2026 |
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.This reflects a comprehensive consideration of earnings trends, future business development, including capital investment and research and development, retained earnings required to strengthen the management foundation, and the future financial position. It also reflects the policy of raising the dividend payout ratio set out in the medium-term management plan.