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 basic policy is to secure an appropriate level of profit, aim for sound and sustainable growth, and strive to maintain an appropriate level of dividends in line with earnings. The company will also build up retained earnings to strengthen its financial base and prepare for future business development. As an indicator of an appropriate dividend in line with earnings, the company targets a consolidated annual payout ratio of approximately 30%.
| Item | Details |
|---|---|
| Dividend per share | 6 yen → 8 yen（+33.3%） |
| Total Annual Dividends | 10 yen → 12 yen（+20.0%） |
| Previous-period results (per share) | Interim 3 yen / End of period 8 yen / Annual 11 yen |
| Payout ratio | Consolidated 21.3 % / Consolidated, excluding gains on sale 30.5 % |
| Dividend policy | The basic policy is to secure an appropriate level of profit, aim for sound and sustainable growth, and strive to maintain an appropriate level of dividends in line with earnings. The company will also build up retained earnings to strengthen its financial base and prepare for future business development. As an indicator of an appropriate dividend in line with earnings, the company targets a consolidated annual payout ratio of approximately 30%. |
| Fiscal Period Covered | Fiscal year ending March 2026 |
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.Although net income for the period includes gains on the sale of cross-held shares, the company has adopted a policy of excluding those gains from the source of dividends. The payout ratio is targeted at approximately 30% of annual profit excluding the gains on sale.