Shareholder Returns

Dividend Policy

The Company regards the return of profits to shareholders as one of its most important management tasks and adopts a performance-based policy regarding cash dividends based on consolidated net income. After dividends, the Company appropriates the remaining surplus to internal reserves to be used as investment funds for future growth.

In the four-year business plan for 2027 that started in April 2024, the Company aims to achieve a consolidated dividend payout ratio of 35% or more for each fiscal year.

In light of the upward revision to its earnings forecast announced on August 6, 2026 and the Company’s shareholder return policy, the Company has increased the Q2-end (interim) dividend for the fiscal year ending December 31, 2026 by 4 yen per share from the previous forecast, to 40 yen per share. The Company has also revised its year-end dividend forecast to 50 yen per share, an increase of 4 yen per share from the previous forecast. As a result, the forecast annual dividend has been revised to 90 yen per share, an increase of 8 yen per share from the previous forecast. Accordingly, the consolidated dividend payout ratio for the fiscal year ending December 31, 2026 is expected to be 38.5%.

We respectfully ask our shareholders and investors for their continued support.

• Notice of Revisions to Full-Year Earnings Forecast, Interim Dividend, and Year-End Dividend Forecast（106 KB）

Dividend trends and payment timing

Repurchase of own shares