Dividend per share
Fiscal year ending March 2027For the 3 fiscal years from the fiscal year ending March 2025 through the fiscal year ending March 2027, the Company will pay dividends with a target consolidated dividend payout ratio of 100%. The minimum annual dividend per share will be set at ¥35, the same as the actual dividend for the fiscal year ended March 2024, and will not be reduced below this amount. However, for dividends for the fiscal year ending March 2027, the portion of net income attributable to companies and other entities that joined the Group in or after the fiscal year ending March 2026 will be excluded from the calculation of the consolidated dividend payout ratio.
| Item | Details |
|---|---|
| Previous-period results (per share) | Interim Not disclosed / End of period Not disclosed / Annual Actual for the fiscal year ended March 2024: ¥35 |
| Payout ratio | 100% consolidated dividend payout ratio (target) |
| Dividend policy | For the 3 fiscal years from the fiscal year ending March 2025 through the fiscal year ending March 2027, the Company will pay dividends with a target consolidated dividend payout ratio of 100%. The minimum annual dividend per share will be set at ¥35, the same as the actual dividend for the fiscal year ended March 2024, and will not be reduced below this amount. However, for dividends for the fiscal year ending March 2027, the portion of net income attributable to companies and other entities that joined the Group in or after the fiscal year ending March 2026 will be excluded from the calculation of the consolidated dividend payout ratio. |
| Whether Submission to the General Meeting of Shareholders Is Required | Board of directors resolution only |
| Fiscal Period Covered | Fiscal year ending March 2027 |
Items this document does not state (7)
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.For companies that joined the Group through M&A, the Company will use part of its equity capital to fund growth strategies in order to accelerate management integration and the enhancement of corporate value through future growth investments, while maintaining sustainable returns of profits linked to performance for its existing consolidated subsidiaries.