Shareholder Returns
Basic policy on profit sharing
The Company enhances shareholder returns while maintaining financial soundness, as it actively allocates capital to objectives that include growth investment and strengthening of management base with its sights set on developing sustainable growth infrastructure to define a basic policy for profit distribution.
During the period of the “Medium Term Management Plan 2026,” we will actively utilize shareholder returns through purchasing treasury shares, in addition to dividends, in order to achieve an ROE of 8%.
Status of profit sharing
| Dividend per share (Interim + year-end ) |
Dividend payout ratio | Purchase of treasury shares | Total return ratio | |
|---|---|---|---|---|
| FY ending March 31, 2026 (forecast) | ¥100 | 50.% | 11.0 billion yen | approx.135% |
| FY ending March 31, 2025 | ¥78 | 47.8% | 1.8 billion yen | 64.3% |
| FY ending March 31, 2024 | ¥54 | 39.3% | 3.5 billion yen | 76.8% |
| FY ended March 31, 2023 | ¥52 | 44.1% | 3.6 billion yen | 87.2% |
| FY ended March 31, 2022 | ¥52 | 34.9% | - | 34.9% |
| FY ended March 31, 2021 | ¥34 | 32.8% | - | 32.8% |
| FY ended March 31, 2020 | ¥34 | 28.8% | - | 28.8% |
- (1) Dividends
- The annual dividend for the fiscal year ending March 2026 is scheduled to 100 yen (interim dividend 50 yen, year-end dividend 50 yen).
- (2) Purchase of treasury shares
-
We plan to purchase up to 11.0 billion yen of our own shares over a purchase period of May 9, 2025 to February 20, 2026.
Details of the resolution and status of purchase can be found here.
