Return to Shareholders
Shareholder Returns Policy
The Company positions the return to shareholders as an important managerial issue. With the aim of maintaining a total return ratio between 30% and 50%, we will pay stable and consistent dividends and flexibly repurchase shares after comprehensive consideration of our business performance, investment plans, and the business environment.
Trends in Shareholder Returns
- *1
- The breakdown of annual dividend of ¥106 per share for the 93rd fiscal year is ordinary dividend of ¥86 per share and commemorative dividend of ¥20.
- *2
- See the timely disclosure “Notice Regarding Repurchase and Cancellation of Own Shares” dated May 13, 2024.
Dividend
As for the interim dividend for the fiscal year ending March 2025, as originally announced, the ordinary dividend will be increased by 10 yen to 48 yen per share. The year-end dividend is also scheduled to be 48 yen, the same amount as the interim dividend, resulting in an annual dividend of 96 yen.
* Forward-looking statements are based on the information available at the time of announcement (November 1, 2024) and are subject to various risks and uncertainties that could cause actual results to vary materially.
Stock Prices
| FYE 2020 | FYE 2021 | FYE 2022 | FYE 2023 | FYE 2024 | |
|---|---|---|---|---|---|
| Highest (yen) | 3,184 | 2,684 | 2,413 | 2,653 | 3,512 |
| Lowest (yen) | 1,876 | 1,672 | 1,665 | 1,798 | 2,023 |
*Share prices are Tokyo Stock Exchange (Prime Market) market quotations.
