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Stock Overview

For the fiscal year 2024 and beyond, in order to further enhance the redistribution of profits to shareholders, we will increase the dividend payout ratio from 40% to 50%. In addition, to provide stable dividends, we will adopt dividend on equity ratio (DOE), which is less sensitive to single-year operating results as the shareholder return indicator. The guide line for pay out dividends is based on the amount calculated using the payout ratio (consolidated) of 50% or the DOE of 3%, whichever is higher.

Dividend payment dates and dividend payment period

  Interim dividend Year-end dividend
Dividend payment dates September 30 March 31
Dividend payment period December June

Forecast dividend(Fiscal year 2025)

Forecast interim dividend 40
Forecast closing dividend 50
Forecast annual dividend 90

Past dividends

Period Annual Dividend (yen)
Fiscal year 2024 85
Fiscal year 2023 76
Fiscal year 2022 53
Fiscal year 2021 36
Fiscal year 2020 32
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