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.
While taking into account each period's operating results and outlook, investment plans, cash flow position and other factors, the Company will select whichever is higher as a benchmark: a consolidated payout ratio of approximately 40% or adjusted DOE of 5% based on shareholders' equity at the end of the previous fiscal year, under a progressive dividend policy, and will pay stable and continuous dividends. In addition, the Company will flexibly implement share repurchases and other measures with an awareness of a high total payout ratio.
| Item | Details |
|---|---|
| Dividend per share | ¥30.00 (annual: ¥15.00 at the end of the second quarter and ¥15.00 at fiscal year-end) → ¥40.00 (annual: ¥20.00 at the end of the second quarter and ¥20.00 at fiscal year-end)（33.3% increase） |
| Total Annual Dividends | ¥30.00 → ¥40.00（33.3% increase） |
| Previous-period results (per share) | Interim ¥15.00 / End of period ¥15.00 / Annual ¥30.00 / Fiscal Period Covered Fiscal year ending December 2025 |
| Breakdown of Regular, Commemorative and Special Dividends | Regular dividend ¥40.00 (annual) / Commemorative dividend Not disclosed / Special dividend Not disclosed |
| Payout ratio | Consolidated payout ratio of approximately 40% (target) |
| Dividend policy | While taking into account each period's operating results and outlook, investment plans, cash flow position and other factors, the Company will select whichever is higher as a benchmark: a consolidated payout ratio of approximately 40% or adjusted DOE of 5% based on shareholders' equity at the end of the previous fiscal year, under a progressive dividend policy, and will pay stable and continuous dividends. In addition, the Company will flexibly implement share repurchases and other measures with an awareness of a high total payout ratio. |
| 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 (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.Adjusted DOE was introduced as a new dividend benchmark to improve capital efficiency, manage with an awareness of the cost of equity, and achieve stable and sustainable dividends that are not affected by temporary factors such as foreign exchange fluctuations. In addition, the Company made a comprehensive assessment of its results for the current fiscal year and the future operating environment based on the new dividend policy.