Distribution of Profits

Policy for Decisions on Dividends

While maintaining its policy of prioritizing growth investments and M&A, the Company aims to achieve a total payout ratio of 100% from the fiscal year ending March 31, 2027 through the fiscal year ending March 31, 2030.
The Company will maintain stable dividends based on a payout ratio of 40% of consolidated earnings or a dividend on equity (DOE) ratio of 7%, whichever is higher, and will flexibly acquire treasury shares, while securing the funds necessary for growth investments and M&A, to further enhance shareholder returns.

(yen)
2023/3
2024/3
2025/3
2026/3
2027/3
(Forecast)
Interim 7.0 9.0 12.0 21.0 22.0
Year-end 14.0 19.0 22.0 31.0 32.0
Annual 21.0 28.0 34.0 52.0 54.0
Year-end
Interim
(yen)

The dividend graph for the fiscal year ending March 31, 2026 shows the expected amount.

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