Dividend Information

Basic Policy on Profit Allocation

We regard enhancing corporate value through stable profitability and sustainable growth, as well as meeting shareholder expectations through profit returns, as key management priorities.
Our policy is to maintain a dividend payout ratio of approximately 40%, while securing sufficient internal reserves for capital investment and M&A to support future growth.

Trends of Dividends

Click to enlarge

	FY2020/3	FY2021/3	FY2022/3	FY2023/3	FY2024/3
Interim dividends (yen)	30.00	40.00	45.00	45.00	45.00
Year-end dividends (yen)	35.00	45.00	45.00	45.00	45.00
Total dividends (yen)	65.00	85.00	90.00	90.00	90.00
Dividend payout ratio (%)	52.00	26.00	37.80	63.70	28.20

Note: Dividend amounts have been adjusted to reflect the 2-for-1 stock split, effective April 1, 2021.