Dividend per share
From the fiscal year ending December 2026 through the fiscal year ending December 2028A dividend payout ratio of at least 40%, a total payout ratio of at least 55% (cumulative for fiscal 2024 through fiscal 2028), and an annual minimum dividend of ¥100 per share. The annual dividend per share will be calculated based on profit excluding the amount equivalent to gains on sales of investment property included in profit for the period, after deducting the corresponding tax amount. If the calculated amount is below the minimum dividend, the minimum dividend will take precedence.
| Item | Details |
|---|---|
| Payout ratio | Consolidated At least 40% (policy); 56.5% for the fiscal year ending December 2026 / Individual Not disclosed |
| Dividend policy | A dividend payout ratio of at least 40%, a total payout ratio of at least 55% (cumulative for fiscal 2024 through fiscal 2028), and an annual minimum dividend of ¥100 per share. The annual dividend per share will be calculated based on profit excluding the amount equivalent to gains on sales of investment property included in profit for the period, after deducting the corresponding tax amount. If the calculated amount is below the minimum dividend, the minimum dividend will take precedence. |
| Fiscal Period Covered | From the fiscal year ending December 2026 through the fiscal year ending December 2028 |
Items this document does not state (9)
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.Gains and losses from real estate sales are nonrecurring, and it is appropriate to distinguish them from recurring core operating profit when determining the source of dividends, in order to provide stable and sustainable dividends. The Company also intends to use the funds for growth investments and share buybacks aimed at increasing corporate value.