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.
With respect to dividends for the fiscal year ending December 31, 2026, the Company plans to pay an annual dividend of 82 yen (an interim dividend of 36 yen per share and a year-end dividend of 46 yen), with a consolidated dividend payout ratio of 37.7%, based on the earnings forecast for the fiscal year ending December 31, 2026 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 |
|---|---|---|---|
| 2025 year-end | December 31, 2025 | 44 | March 30, 2026 |
| 2025 interim | June 30, 2025 | 34 | September 10, 2025 |
| 2024 year-end | December 31, 2024 | 32 | March 31, 2025 |
| 2024 interim | September 30, 2024 | 23 | December 5, 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.