Distribution of Profits

Starting date of payment of the year-end dividend for the 73rd term (FY2019.12)
March 27, 2020

Basic Policy on the Allocation of Profits

The basic policy of the Company is to continue the stable distribution of profits to shareholders with an emphasis on continual dividends with a dividend payout ratio of around 35% according to the operating results, while considering the necessity of strengthening the management structure and research and development and capital investment for the launch of a new business from a long-term perspective, among other necessities.

Dividend Payout Ratio

(yen)
2015/12
2016/12
2017/12
2018/12
2019/12
Interim
25
25
25
25
25
Year-end
35*1
30
25
35
43
Annual
60
55
50
60
68
Payout ratio
39.0%
96.2%
45.7%
35.8%
32.8%
*1 : Including 5 yen commemorative dividend
*2 : The stock split is not implemented during the period in the above table.

Status of processing and holding of acquired treasury stock

2018/12 Number of treasury shares held

29,381

2019/1~12 Number of treasury shares aqcuired

173

2019/1~12 Treasured shares

-

2019/12 Number of treasury shares held
29,554

Shareholder benefits

There is currently no shareholder special benefit program.