Shareholder Returns & Dividends
Shareholder return policy
• The basic dividend policy is to provide the appropriate return of profits to shareholders, focusing on maintaining stable dividends and capital efficiency, with a dividend on equity ratio of 3.5% or a target consolidated dividend payout ratio of 40%, whichever is higher.
• With regard to the acquisition of treasury stocks, the Group acts in a continuous and flexible manner to return profits to shareholders and respond to changes in the corporate environment.
*Dividend on equity ratio (DOE) = total dividends paid/shareholders’ equity
Dividend per share
(yen)
| Interim | Year-end | Total | |
|---|---|---|---|
| FY2025 (2026/3) （Forecast） |
49 | 51 | 100 |
| FY2024 (2025/3) | 32 | 40 | 72 |
| FY2023 (2024/3) | 27 | 28 | 55 |
| FY2022 (2023/3) | 25 | 25 | 50 |
| FY2021 (2022/3) | 25 | 25 | 50 |
| FY2020 (2021/3) | 20 | 25 | 45 |
| FY2019 (2020/3) | 25 | 20 | 45 |