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 Company targets a consolidated payout ratio of approximately 50%, excluding special factors, and has set a minimum annual dividend of ¥50 per share. It aims to increase the dividend per share through higher earnings and continued treasury share repurchases.
| Item | Details |
|---|---|
| Dividend per share | ¥100.00 → ¥100.00（0%） |
| Total Annual Dividends | ¥125.00 → ¥125.00（0%） |
| Previous-period results (per share) | Interim ¥25.00 / End of period ¥25.00 / Annual ¥50.00 |
| Total dividends | ¥5,260 million → ¥14,538 million |
| Record date | 31 March 2026 |
| Effective date | 26 June 2026 |
| Source of dividends | Retained earnings |
| Breakdown of Regular, Commemorative and Special Dividends | No breakdown into ordinary, commemorative and special dividends is provided |
| Payout ratio | Consolidated payout ratio of approximately 50% |
| Dividend policy | The Company targets a consolidated payout ratio of approximately 50%, excluding special factors, and has set a minimum annual dividend of ¥50 per share. It aims to increase the dividend per share through higher earnings and continued treasury share repurchases. |
| Whether Submission to the General Meeting of Shareholders Is Required | Scheduled to be submitted to the General Meeting of Shareholders |
| Fiscal Period Covered | Fiscal year ending March 2026 |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.In addition to the ongoing recovery in business performance, the Company expects to generate greater financial flexibility through the introduction of external capital into its urban development and tourism businesses. It therefore intends to acquire treasury shares and enhance dividends in order to achieve its ROE target at an early stage.