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 maintain a stable annual dividend of ¥85 and determine the dividend based on whichever is higher: this amount or an amount reflecting earnings based on a consolidated payout ratio of 85%. The stable dividend is set at a consolidated dividend on equity ratio (DOE) of 5% or higher.
| Item | Details |
|---|---|
| Dividend per share | ¥48 → ¥50(+4.2%) |
| Total Annual Dividends | ¥88 → ¥90(+2.3%) |
| Previous-period results (per share) | Interim ¥20 / End of period ¥20 / Annual ¥40 |
| Payout ratio | Consolidated 85% |
| Dividend policy | The basic policy is to maintain a stable annual dividend of ¥85 and determine the dividend based on whichever is higher: this amount or an amount reflecting earnings based on a consolidated payout ratio of 85%. The stable dividend is set at a consolidated dividend on equity ratio (DOE) of 5% or higher. |
| 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 (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.Because consolidated results for the fiscal year ending March 2026 are expected to exceed the previous forecast. The company explained that the year-end dividend will be ¥50, comprising a stable dividend of ¥45 plus an earnings-linked dividend of ¥5 based on a consolidated payout ratio of 85%.