Dividends
Dividend Trends
Fiscal year-end | Fiscal year ended March 31, 2021 | Fiscal year ended March 31, 2022 | Fiscal year ended March 31, 2023 | Fiscal year ended March 31, 2024 | Fiscal year ended March 31, 2025 | |
---|---|---|---|---|---|---|
Annual dividend(yen) | 26 | 36 | 45 | 55.5 | 64 | |
Breakdown | ||||||
Interim(yen) | 13 | 18 | 22.5 | 27.5 | 32 | |
Year-end(yen) | 13 | 18 | 22.5 | 28 | 32 |
The Company carried out a 2-for-1 stock split of shares of common stock on October 1, 2023. For this reason, the dividends are retrospectively presented in an amount that takes the impact of this stock split into account.
Basic Policy on Profit Distribution
The Company places utmost priority on continuously increasing dividends, based on the concept of progressive dividend payment, with the total dividend determined by comprehensively considering the funding needs for future business expansion and earnings growth, as well as the Company’s financial standings and business performance for the fiscal year under review. Additionally, we will flexibly carry out share repurchase, with 70% in total payout ratio as a guideline, by taking into account the market environment, cash flow, etc.
* The Company is planning share repurchases of more than 100 billion yen by fiscal 2030.
* The revised shareholder return policy is effective from the fiscal year ended March 31, 2025.
Based on the above policy, the annual ordinary dividend for the fiscal year ended March 31, 2025 was 64 yen per share, an increase of 8.5 yen from the previous fiscal year.
The Company plans to pay an annual dividend of 66 yen per share for the next fiscal year, an increase of 2 yen from the current fiscal year.
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