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 previous policy targeted a payout ratio of 40%. Under Medium-Term Management Plan 2027, the Company will adopt a dividend on equity (DOE) of 8% as a new target, with the aim of raising dividend levels and providing more stable dividends. This is equivalent to a payout ratio of 45%, assuming ROE of at least 18%.
| Item | Details |
|---|---|
| Dividend per share | ¥62.00 → ¥68.00 |
| Total Annual Dividends | Not disclosed → ¥130.00 |
| Previous-period results (per share) | Interim ¥47.00 / End of period ¥59.00 / Annual ¥106.00 |
| Total dividends | ¥12,675 million → ¥14,272 million |
| Record date | 31 March 2026 |
| Effective date | 25 June 2026 |
| Source of dividends | Retained earnings |
| Payout ratio | Previous target 40% / Level under policy 45% / Category Not disclosed |
| Dividend policy | The previous policy targeted a payout ratio of 40%. Under Medium-Term Management Plan 2027, the Company will adopt a dividend on equity (DOE) of 8% as a new target, with the aim of raising dividend levels and providing more stable dividends. This is equivalent to a payout ratio of 45%, assuming ROE of at least 18%. |
| 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 |
Items this document does not state (1)
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 dividend policy under Medium-Term Management Plan 2027 was changed from a policy targeting a payout ratio of 40% to a dividend on equity (DOE) of 8%, with the aim of providing higher and more stable dividends. The decision was made after taking into consideration the results for the fiscal year ending March 2026 and future business developments.