Dividend per share
Fiscal year ending September 2027The Company will target a total payout ratio of 30% to 40%, including dividends and share repurchases, and will generally focus on stable dividends. Beginning with the fiscal year ending September 2027, the current twice-yearly dividend will be changed to a once-yearly dividend consisting solely of a fiscal year-end dividend.
| Item | Details |
|---|---|
| Payout ratio | Previous policy 30% or more / New policy Not disclosed |
| Dividend policy | The Company will target a total payout ratio of 30% to 40%, including dividends and share repurchases, and will generally focus on stable dividends. Beginning with the fiscal year ending September 2027, the current twice-yearly dividend will be changed to a once-yearly dividend consisting solely of a fiscal year-end dividend. |
| Whether Submission to the General Meeting of Shareholders Is Required | Board of directors resolution only |
| Fiscal Period Covered | Fiscal year ending September 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.Growth investment opportunities involving renewable energy, energy storage batteries and external management resources have expanded, making the implementation of agile capital policies and improvement of capital efficiency important management priorities. The Company also aims to place emphasis on balancing shareholder returns with growth investment.