Shareholders Return
Dividends
(1) Dividend policy
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.
From 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, calculated based on business activity profits excluding extraordinary gains and losses, etc.
(2) Historical dividends
The annual dividend per share for the fiscal year ending March 2024 was 90 yen.
Timing of payment
As a general rule, we pay dividends twice a year (interim and year-end).
Interim dividends : Around late November/Year-end dividend : Around mid-June
Shareholder benefits
Once a year, we present a catalog of shareholder special benefit products to shareholders who hold a minimum of 100 shares as of September 30, giving shareholders a variety of products and donations to choose from.