Shareholder Return Policy Focused on Capital Efficiency and Investment for Growth
First written in FY2025. 2 of 3 entries say "Restated". Latest entry: FY2026.
- FY2026RestatedAnnual report
「The Group believes that operating its businesses with a focus on capital efficiency and investing in growth areas while maintaining a stable financial base will lead to long-term growth in corporate value. On that basis, it will work to enhance shareholder returns, centred on dividends, while comprehensively considering consolidated performance, its funding position and other factors.」
The Company continues to maintain a dividend policy that comprehensively considers capital efficiency, its financial base, investment in growth areas, performance and its funding position. - 2026-05-13RestatedEarnings
「Dividends are determined by comprehensively considering consolidated results of operations, the funding position, and other factors. The dividend forecast for the fiscal year ending March 2027 is unchanged from the previous year at an annual dividend of ¥42 per share, comprising an interim dividend of ¥21 and a year-end dividend of ¥21.」
The company reiterated its policy of determining dividends by comprehensively considering consolidated results of operations, the funding position, and other factors, while prioritizing the strengthening of its financial base, and repeated its annual dividend forecast of ¥42. - FY2025First statedAnnual report
「The Group believes that operating its businesses with a focus on capital efficiency and investing in growth areas while maintaining a stable financial base will lead to long-term growth in corporate value. On that basis, it will work to enhance shareholder returns, centred on dividends, while comprehensively considering consolidated performance, its funding position and other factors.」
The Company reorganised its policy from one based on cash-based profit and the dividend payout ratio to a dividend policy that comprehensively considers capital efficiency, its financial base, investment in growth areas, consolidated performance and its funding position.