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.
In order to enhance corporate value by promoting growth investments and improving financial soundness while achieving the continuation of stable dividends, we have adopted DOE as an indicator for our shareholder return.
Shareholder Return Policy for the 2026 Mid-Term Business Plan Period (Fiscal Years Ending March 2027 through March 2029)
DOE：3.5％
（DOE ： Dividends Paid / Shareholders’ Equity （as of the end of the previous fiscal year））
- ※For the fiscal year ending March 2026, we have determined the dividend amount in accordance with the previous policy ( Maintain a dividend payout ratio of 40%, with a minimum annual dividend of 80 yen per share.).
Dividends per share
| Interim | Year-end | Full-year | Dividend payout ratio | |
|---|---|---|---|---|
| FY2021 | 10.00 | 40.00 | 50.00 | 18.9% |
| FY2022 | 10.00 | 40.00 | 50.00 | 35.1% |
| FY2023 | 25.00 | 35.00 | 60.00 | - |
| FY2024 | 30.00 | 34.00 | 64.00 | 41.0% |
| FY2025 | 40.00 | 41.00 | 81.00 | 40.1% |
| FY2026 | 52.00 (forecast) | 52.00 (forecast) | 104.00 (forecast) | 50.7% (forecast) |
Dividend payment
| Interim of the FY2025 | Year-end of the FY 2025 | |
|---|---|---|
| Record date for distribution of dividend | September 30, 2025 | March 31, 2026 |
| Date of payment | December 10, 2025 | June 22, 2026 |
Shareholder special benefits
We currently have no shareholder special benefit plan.