Dividend per share
Fiscal year ending March 2027The Company will make shareholder returns with a target total payout ratio of 50% or more. Per-share dividends will be progressive and determined with a target of approximately 50% of “adjusted net income,” excluding gains and losses on the sale of cross-shareholdings.
| Item | Details |
|---|---|
| Payout ratio | Consolidated payout ratio of 40% or higher as a guideline → Not disclosed |
| Dividend policy | The Company will make shareholder returns with a target total payout ratio of 50% or more. Per-share dividends will be progressive and determined with a target of approximately 50% of “adjusted net income,” excluding gains and losses on the sale of cross-shareholdings. |
| 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 (8)
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 promote stable profit returns and enhance shareholder returns. In light of changes in the operating environment, the Company aims to strengthen shareholder returns by pursuing an optimal balance among sufficient capital, growth investment and shareholder returns. It also aims to ensure sustainable and stable dividend operations by excluding the impact of fluctuations in gains and losses on the sale of cross-shareholdings as those holdings are reduced.