We considers returning profits to shareholders as a management priority. Our basic policy is to continuously distribute profits twice a year in the form of interim and year-end dividends based on our business performance, and to enhance corporate and shareholder value by effectively utilizing retained earnings.
For the fiscal year ended March 31, 2024,we have decided to target a consolidated payout ratio of 40% and set the minimum DOE (dividend on equity ratio) at 3.5% to enhance profit distribution in line with business performance and ensure stable dividends. Note that profit attributable to owners of parent, which serves as the basis for calculating dividend payments, only includes profit resulting from business activities and excludes extraordinary gains and losses.

For we paid an annual dividend of 61 yen per share, with a payout ratio of 30.9%.