Dividend and Share Buyback

Dividend Policy

We consider returning profits to our shareholders as one of the most important challenges. We determine dividends comprehensively, taking into account performance, financial and fiscal conditions.
・For the fiscal year ended March 31, 2025, we plan to pay a dividend of 64 yen per share in accordancewith our previous policy.
・For the fiscal year ended March 31, 2026, we plan to pay a dividend payout ratio of 40% plus a minimumdividend per share of 80 yen.
・We will aim for a total return ratio of 50% or more, including the acquisition of treasury stock.

Dividends per share

 InterimYear-endFull-yearDividend payout ratio
FY202110.0040.0050.0018.9%
FY202210.0040.0050.0035.1%
FY202325.0035.0060.00-
FY202430.0034.00 (forecast)64.00 (forecast)41.0% (forecast)
FY202540.00 (forecast)40.00 (forecast)80.00 (forecast)40.4% (forecast)

Dividend payment

 Interim of the FY2024Year-end of the FY 2025
Record date for distribution of dividendSeptember 30, 2024March 31, 2025
Date of paymentDecember 10, 2024June 23, 2025 (forecast)

Shareholder special benefits

We currently have no shareholder special benefit plan.