Dividend per share
Fiscal year ending December 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 Company regards returning profits to shareholders as an important management priority. While securing retained earnings needed to sustain ongoing growth, it determines dividends after comprehensively considering profit for the period, cash flow, share repurchase activity and other factors. As a guideline for the payout ratio, the Company has a policy of maintaining a consolidated payout ratio of 35% or more.
| Item | Details |
|---|---|
| Dividend per share | ¥24.00 → ¥0.00（-100％） |
| Total Annual Dividends | ¥48.00 → ¥24.00（-50％） |
| Previous-period results (per share) | Interim ¥23.00 / End of period ¥23.00 / Annual ¥46.00 |
| Payout ratio | Consolidated 35% or more (policy guideline) / Current Not disclosed |
| Dividend policy | The Company regards returning profits to shareholders as an important management priority. While securing retained earnings needed to sustain ongoing growth, it determines dividends after comprehensively considering profit for the period, cash flow, share repurchase activity and other factors. As a guideline for the payout ratio, the Company has a policy of maintaining a consolidated payout ratio of 35% or more. |
| Whether Submission to the General Meeting of Shareholders Is Required | Board of directors resolution only |
| Fiscal Period Covered | Fiscal year ending December 2026 |
Items this document does not state (5)
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.The offeror determined the tender offer price after taking into comprehensive consideration the assumption that an interim dividend will be paid for the fiscal year ending December 2026 but no year-end dividend will be paid. The offer is based on the assumption that the Company will go private and be delisted after the successful completion of the tender offer.