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.
Specifically, during the "2023 Mid-term Business Plan" period (fiscal years 2023 to 2025), we have set a target dividend payout ratio of 30%. Additionally, with the aim of maintaining stable dividends for our shareholders, we have set the minimum annual dividend per share at 60 yen for the same period.
Dividends per share
| Interim | Year-end | Full-year | Dividend payout ratio | |
|---|---|---|---|---|
| FY2019 | 0.00 | 0.00 | 0.00 | - |
| FY2020 | 0.00 | 0.00 | 0.00 | - |
| FY2021 | 10.00 | 40.00 | 50.00 | 18.9% |
| FY2022 | 10.00 | 40.00 | 50.00 | 35.1% |
| FY2023 | 25.00 | 35.00 (forecast) | 60.00 (forecast) | 919% (forecast) |
Dividend payment
| Interim of the FY2023 | Year-end of the FY 2023 | |
|---|---|---|
| Record date for distribution of dividend | September 30, 2023 | March 31, 2024 |
| Date of payment | December 8, 2023 | (Undecided) |
Shareholder special benefits
We currently have no shareholder special benefit plan.