Shareholder Returns

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 and its total shareholder return target of more than 30%, while also taking into consideration the Company’s business results and cash position, among other factors.
  • FYE 3/2020: The Company paid an annual dividend of 40 yen per share, in addition, executed share repurchase of 10.4 billion yen.
  • FYE 3/2021: Annual dividend forecast of 40 yen per share (interim: 20 yen, year-end: 20 yen)

Shareholder Returns

Shareholder Returns
  FYE March 2017 FYE March 2018 FYE March 2019 FYE March 2020
Annual dividends per share 30 yen 35 yen 40 yen 40 yen
Total dividends 2.4 bil. yen 2.7 bil. yen 3.7 bil. yen 4.0 bil. yen
Share repurchase 2.5 bil. yen 10.4 bil.yen
Consolidated total return ratio 76.6% 24.1% 13.5% 95.4%