Investor Relations
Investor Relations

Distribution of Profits

Year-End Dividend (FY2024)
105.00 yen
Effective date March 27, 2025
* We conducted a 2-for-1 stock split of shares of common stock, with an effective date of July 1, 2024. Year-End Dividend is amounts after the stock split.

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 80 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)
2020/12

2021/12

2022/12
2023/12
2024/12
Interim
12.5

12.5

15.0
17.5
35.0
Year-end
12.5

28.5

45.0
67.5
105.0
Annual
25.0

41.0

60.0
85.0
140.0
Payout ratio
56.3%
33.0%
30.0%
32.9%
39.8%
* 2022/12:Including ¥5 of commemorative dividend in year-end dividend.
* We conducted a 2-for-1 stock split of shares of common stock, with an effective date of July 1, 2024. Cash Dividends in the above table are amounts after the stock split.

Status of processing and holding of acquired treasury shares

2022/12 Number of treasury shares held
7,722,682
2023/1~12 Number of treasury shares aqcuired
396
2023/1~12 Treasured shares
3,206,420
2023/12 Number of treasury shares held
4,516,658
2024/1~12 Number of treasury shares aqcuired
621,558
2024/1~12 Treasured shares
887,100
2024/12 Number of treasury shares held
4,251,116
* We conducted a 2-for-1 stock split of shares of common stock, with an effective date of July 1, 2024. The number of treasury shares above is the number after the stock split.

Shareholder benefits

There is currently no shareholder special benefit program.