Shareholder Return
Policy on Shareholder Returns
Positioning the shareholder returns as an important management issue, the Company decides the actual dividend amount by considering its financial position, trends of performance, future funding needs and other factors under its dividend policy through cash flow conscious management.
Based on the shareholder return policy and the progress of its businesses, the Company has decided the ordinary dividend of surplus is 37 yen per share for the fiscal year ended March 31, 2023.
Transition of Dividends
|
FY15.6 |
FY16.6 |
FY17.3 |
FY18.3 |
FY19.3 |
FY20.3 |
FY21.3 |
FY22.3 |
FY23.3 |
|
|---|---|---|---|---|---|---|---|---|---|
|
Ordinary dividend |
5JPY |
15JPY |
20JPY |
24JPY |
28JPY |
28JPY |
32JPY |
35JPY |
37JPY |
|
Commemorative dividend |
20JPY （20th anniversary） |
15JPY （Commemorative dividend on the occasion of the move to the TSE first section） |
- |
- |
- |
10JPY （25th anniversary） |
- |
- |
- |
|
Total cash dividends |
1.17B |
1.41B |
0.94B |
1.13B |
1.28B |
1.75B |
1.47B |
1.65B |
1.70B |
|
Purchase of treasury shares |
- |
- |
- |
- |
- |
5.0B |
- |
- |
5.0B |
|
Ordinary dividend payout ratio |
4.6% |
13.7% |
22.0% |
20.7% |
13.3% |
17.4% |
15.1% |
5.3% |
- |
|
Total return ratio |
23.1% |
27.3% |
22.0% |
20.7% |
64.3% |
23.5% |
15.1% |
5.3% |
- |
