Basic Policy of Appropriation of Profits and Dividend Forecast
Comprehensive decisions on shareholder returns will be made based on the Company’s basic policy to pay dividends consistently, while also taking into consideration the Company’s business results and cash position, among other factors.
|FYE March 2019||FYE March 2020||FYE March 2021||FYE March 2022
|Annual dividends per share||40 yen||40 yen||45 yen||50 yen|
|Dividend payout ratio||13.5%||26.7%||19.6%||23.9%|
|Share repurchase||－||10.4 bil.yen||9.5 bil.yen||3.0 bil.yen|
|Total return ratio||13.5%||95.4%||59.0%||―|