Shareholder Returns
Dividend Policy
The Group aims to expand its business performance through growth investments and regards the return of profits to shareholders as one of the most important management issues. Profits for each fiscal year will be divided into three major divisions, and in principle, one-third of them will be used as a source of profit dividends as a return to shareholders, another one-third of them will be used for returns to executives and employees, which are important human capital, and business investments for further growth of the Company, and the remaining one-third will be retained earnings.
The decision-making body for dividends is the General Meeting of Shareholders. In addition, the Company’s Articles of Incorporation stipulate that the Company may, by resolution of the Board of Directors, pay interim dividends as stipulated in Article 454, Paragraph 5 of the Companies Act. The dividends of surplus for the current fiscal year are as follows.
Total Dividends/Payout Ratio
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Dividend per share(yen) (of which interim dividends) |
4.00(-) | 4.50(-) | 10.00(-) | 17.50(5.00) | 27.00(13.50) |
| Dividend payout ratio(%) | 9.60 | 10.79 | 14.30 | 26.85 | 47.77 |
