Basic Policy on Shareholder Returns

The Company aims to achieve sustainable growth of its corporate value while building empathy with all stakeholders through the maximization of added value created from business activities and appropriate distribution thereof.

＜Basic Policy for FY2026–FY2028 MTP＞

On a cumulative three-year basis, we aim for a consolidated total payout ratio of 50%. Even in cases where it is necessary to retain funds for growth investments, we set a minimum target DOE1 of 5.0%
1 DOE (Dividend on Equity): Dividends ÷ Consolidated Equity

Transition of Shareholder Returns

Fiscal Year 12/2022 12/2023 12/2024 12/2025 12/2026
(forecast)
Interim Dividend per Share 78yen 85yen 85yen 85yen 85yen
Year-end Dividend per Share 78yen 85yen 85yen 85yen 85yen
Annual Dividend per Share 156yen 170yen 170yen 170yen 170yen
Dividend payout ratio 48.2% 57.8% 79.2% 208.0% 62.7%
Share Repurchase Amount ― ― 5.8bn yen ―
Total return ratio(※1) 48.2% 57.8% 176.2% 208.0%

Notes:

  1. Total return ratio= (Total Dividend Amount + Share Repurchase Amount) ÷ Profit Attributable to Owners of Parent.

Shareholders' Benefits

We don't currently offer a shareholder benefit program.