Shareholder Returns
Dividend Policy
The Company regards the return of profits to shareholders as its most important management task and adopts a performance-based policy for cash dividends based on consolidated net income. The Company appropriates the remaining surplus to internal reserves for future growth.
In the four-year business plan for 2027, the Company aims to achieve a consolidated dividend payout ratio of 35% or more for each fiscal year to further enhance shareholder returns.
With respect to dividends for the fiscal year ending December 31, 2025, the Company plans to pay an annual dividend of 64 yen (an interim dividend of 32 yen per share and a year-end dividend of 32 yen), with a consolidated dividend payout ratio of 36.2%, based on the earnings forecast for the fiscal year ending December 31, 2025 and the shareholder return policy.
We respectfully ask our shareholders and investors for their continued support.
Dividend trends and payment timing
| Fiscal | Record date | Dividend per share (yen) | Payment |
|---|---|---|---|
| 2024 year-end | December 31, 2024 | 32 | March 31, 2025 |
| 2024 interim | September 30, 2024 | 23 | December 5, 2024 |
| 2023 year-end | March 31, 2024 | 26 | June 24, 2024 |
Repurchase of own shares
| Repurchase date | Total number of shares repurchased | Total repurchase price of shares |
|---|---|---|
|
From November 11, 2024 to December 23, 2024 (contractual basis) |
3,048,000 shares | 9,999,936,500 yen |
|
From August 30, 2023 to October 5, 2023 (contractual basis) |
7,439,800 shares | 19,999,924,335 yen |
Note: Repurchase of own shares from 2017 onwards is shown.