Dividend per share
Each 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 company will provide shareholder returns with an emphasis on TSR (total shareholder return) and seek to maintain stable TSR through dynamic shareholder returns that take into account the balance between growth and shareholder returns. For the time being, shareholder returns will be capped at 50% of FCF (free cash flow), provided that the cash position does not fall below the target level.
| Item | Details |
|---|---|
| Dividend per share | ¥55.00 → ¥55.00（0%） |
| Total Annual Dividends | ¥48.00 → ¥55.00（14.58%） |
| Previous-period results (per share) | Interim ¥0.00 / End of period ¥48.00 / Annual ¥48.00 |
| Total dividends | ¥353 million → ¥405 million |
| Record date | 31 July 2026 |
| Effective date | 30 October 2026 |
| Source of dividends | Retained earnings |
| Dividend policy | The company will provide shareholder returns with an emphasis on TSR (total shareholder return) and seek to maintain stable TSR through dynamic shareholder returns that take into account the balance between growth and shareholder returns. For the time being, shareholder returns will be capped at 50% of FCF (free cash flow), provided that the cash position does not fall below the target level. |
| Whether Submission to the General Meeting of Shareholders Is Required | Board of directors resolution only |
Items this document does not state (3)
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 company places emphasis on TSR (total shareholder return) and determines the scale of shareholder returns by considering the balance among growth investment, shareholder returns and retained earnings. This is because, after confirming that its cash position exceeds the target level, it plans to return up to 50% of current-period FCF, with ¥405 million of the ¥546 million in total shareholder returns allocated to dividends.