Dividend per share
Applicable from the fiscal year ending March 2027The Company will adopt a progressive dividend policy based on a consolidated dividend payout ratio of 30%. If surplus funds remain after business investment, growth investment and the ordinary dividend, the Company aims to achieve a high total payout ratio through flexible share buybacks or special dividends. However, the policy will be reviewed if normal business operations become impossible due to an unexpected large-scale conflict, natural disaster, infectious disease or other event, or if funding for an M&A transaction becomes necessary.
| Item | Details |
|---|---|
| Breakdown of Regular, Commemorative and Special Dividends | The ordinary dividend is subject to the progressive dividend policy, while special dividends and other temporary shareholder return measures are not included in the basis of that policy. |
| Payout ratio | Consolidated Based on 30% |
| Dividend policy | The Company will adopt a progressive dividend policy based on a consolidated dividend payout ratio of 30%. If surplus funds remain after business investment, growth investment and the ordinary dividend, the Company aims to achieve a high total payout ratio through flexible share buybacks or special dividends. However, the policy will be reviewed if normal business operations become impossible due to an unexpected large-scale conflict, natural disaster, infectious disease or other event, or if funding for an M&A transaction becomes necessary. |
| Whether Submission to the General Meeting of Shareholders Is Required | Board of directors resolution only |
| Fiscal Period Covered | Applicable from the 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.To further enhance and stabilize shareholder returns in conjunction with the announcement of the medium-term management plan, taking into account the earnings outlook and capital position.