Investor Relations
Investor Relations

Distribution of Profits

Interm Dividend (FY2024)
70.00 yen
Effective date September 2, 2024

Basic Policy on the Allocation of Profits

The basic policy of the Company is to pay dividends with a payout ratio of approximately 40% by taking into account R&D and capital investment in an effort to strengthen its management structure and develop new businesses based on a long-term view, and by endeavoring to allocate profits based on business performance.
The Company will focus on continuous profit allocation to shareholders in a stable manner, and the minimum annual dividend per share will be 100 yen.
In addition to dividends, the Company will also carry out flexible share buybacks with a total return ratio of approximately 60% in order to further enhance the shareholder returns.

Dividend Payout Ratio

(yen)
2019/12
2020/12

2021/12

2022/12
2023/12
Interim
25
25

25

30
35
Year-end
43
25

57

90
135
Annual
68
50

82

120
170
Payout ratio
32.8%
56.3%
33.0%
30.0%
32.9%
* 2022/12:Including ¥5 of commemorative dividend in year-end dividend.
* The stock split is not implemented during the period in the above table.

Status of processing and holding of acquired treasury stock

2020/12 Number of treasury shares held
4,927,591
2021/1~12 Number of treasury shares aqcuired

212

2021/1~12 Treasured shares
1,066,500
2021/12 Number of treasury shares held
3,861,303
2022/1~12 Number of treasury shares aqcuired
38
2022/12 Number of treasury shares held
3,861,341
2023/1~12 Number of treasury shares aqcuired
198
2023/1~12 Treasured shares
1,603,210
2023/12 Number of treasury shares held
2,258,329

Shareholder benefits

There is currently no shareholder special benefit program.