The Company places utmost priority on ensuring a dividend payout continuously to all shareholders and for that purpose has set the base annual dividend at ¥30 per share. The final dividend amount is determined after taking into consideration the needs for funds to expand businesses in the future and to improve the profitability as well as the overall financial conditions and the performance of the term concerned.
The Company decided to to raise the regular dividend by 2 yen per share compared to the previous fiscal year and pay an annual dividend of 34 yen per share for the fiscal year ended March 31, 2018, based on the above policy and to return profits to the shareholders.
Moreover, the Company in February 2018 purchased 4,864,800 shares in treasury stock for 35,999 million yen to enhance profit return to shareholders and improve capital efficiency, and cancelled all of them in March.
Based on the above policy and to return profits to its shareholders and maintain stable dividend payout, the Company expects to raise the dividends by 10 yen per share compared to the fiscal year ended March 31, 2018 under review and pay an annual dividend of 44 yen* per share for the fiscal year ended March 31, 2019.
＊Announced a correction (increase in dividend) from 40 yen per year to 44 yen on January 31, 2019.