Shareholder Returns
Basic Policy of Appropriation of Profits and Dividend Forecast
The Company will return profits to shareholders with its total shareholder returns target range of 50%-70% through stable dividend growth and flexible share buybacks.
| FYE March 2021 | FYE March 2022 | FYE March 2023 | FYE March 2024 (forecast) |
|
|---|---|---|---|---|
| Annual dividends per share | 45 yen | 55 yen | 60 yen | 65 yen |
| Dividend payout ratio | 19.6% | 21.9% | 39.7％ | ( 34.1% ) |
| Share repurchase | 9.5 bil.yen | 5.0 bil.yen | 5.0 bil.yen | 6.0 bil.yen |
| Total return ratio | 59.0% | 41.7% | 73.2％ | Target range 50-70% |