Daifuku regards the return of profits to shareholders as its most important management task and has adopted a performance-based policy for cash dividends based on consolidated net income, with the aim of achieving additional profit distribution to shareholders. We appropriate the remaining surplus to internal reserves for future growth.
Under its medium-term business plan, Value Innovation 2020, Daifuku aims to achieve a dividend payout ratio of 30% and increase its corporate value through investment in growth.
For the fiscal year ended March 31, 2019, Daifuku paid an interim dividend of 30 yen per share and a year-end dividend of 60 yen per share, making the annual dividend 90 yen per share.
With respect to dividends for the fiscal year ending March 31, 2020, the Company plans to pay an annual dividend of 90 yen per share (an interim dividend of 30 yen per share and a year-end dividend of 60 yen as common dividends), taking into consideration the earnings forecast for the fiscal year ending March 31, 2020 and the basic policy described above.