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, 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-
FY202430.0034.0064.0041.0%
FY202540.0040.00 (forecast)80.00 (forecast)48% (forecast)

Dividend payment

 Interim of the FY2025Year-end of the FY 2025
Record date for distribution of dividendSeptember 30, 2025March 31, 2026
Date of paymentDecember 10, 2025June 2026 (forecast)

Shareholder special benefits

We currently have no shareholder special benefit plan.