Distribution of Profits
| Year-end Dividend (FY2023) |
135.00 yen |
| Effective date | March 28, 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% |
* 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 |