Dividend Trends

Fiscal year-end Fiscal year ended March 31, 2019 Fiscal year ended March 31, 2020 Fiscal year ended March 31, 2021 Fiscal year ended March 31, 2022 Fiscal year ended March 31, 2023
Annual dividend(yen) 44 46 52 72 90
Interim(yen) 20 23 26 36 45
Year-end(yen) 24 23 26 36 45

Basic Policy on Profit Distribution

The Company places utmost priority on continuous increase of dividend. 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.

Based on the above policy, we decided to pay a total dividend of 90 yen per share for the fiscal year ended March 31, 2023, up 18 yen from the previous fiscal year.

Regarding dividends, under our policy which prioritizes a continuous increase in dividends, we plan to raise dividends for the fiscal year ending March 31, 2024, taking into account the progress of our business performance.