Return to Stockholders
Approach to profit allocation
The Company’s approach to profit allocation is based on the principle of proactively returning profits to shareholders while comprehensively taking into account our business performance and the promotion of investment in strategic areas, aiming for a payout ratio of 30%.
The Company’s basic policy is to distribute surplus twice a year as interim dividend and year-end dividend. We have determined to pay both interim and year-end dividends by a resolution of the Board of Directors pursuant to the article of incorporation unless otherwise provided for in laws and regulations.
Dividend per share: (yen)
| FY ended March 2019 |
FY ended March 2020 |
FY ended March 2021 |
FY ended March 2022 |
FY ended March 2023 |
|
|---|---|---|---|---|---|
| Interim | 10 | 10 | 8 | 13 | 18 |
| Year-end | 9 | 10 | 10 | 10 | 16 |
| Total | 19 | 20 | 18 | 23 | 34 |
- The interim dividend for the fiscal year ended March 2019 include commemorative dividends.
