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.
Under its three-year business plan, Value Transformation 2023, Daifuku aims to achieve a consolidated dividend payout ratio of 30% or more on average for the three years and increase its corporate value through investment in growth.
For the fiscal year ended March 31, 2022, the Company paid an interim dividend of 35 yen per share, and the Board of Directors passed a resolution to pay a year-end dividend of 55 yen per share at a meeting held on May 13, 2022, for an annual dividend of 90 yen per share, an increase of 5 yen per share from the initial plan. This represents a dividend payout ratio of 31.6%.
With respect to dividends for the fiscal year ending March 31, 2023, the Company plans to pay an annual dividend of 105 yen (an interim dividend of 40 yen per share and a year-end dividend of 65 yen) and a dividend payout ratio of 33.4%, taking into consideration the earnings forecast for the fiscal year ending March 31, 2023 and the basic policy described above.
Dividend trends and payment timing
|Fiscal||Record date||Dividend per share (yen)||Payment|
|2021 yer-end||March 31, 2022||55||June 27, 2022|
|2021 interim||September 30, 2021||35||December 3, 2021|
|2020 year-end||March 31, 2021||50||June 28, 2021|
|2020 interim||September 30, 2020||30||December 4, 2020|