Dividend Information

Dividend Policy

Taking into account factors including projected profits and financial soundness, we aim for a cumulative total shareholder return ratio of 50% or more during the new Medium-term Management Plan period in order to strengthen shareholder returns.

For dividends, we have introduced progressive dividends starting at ¥60, based on performance. We will also implement continuous and flexible share repurchases to improve capital efficiency.

Dividend Trends

Dividend per shareDividend payout ratio (Consolidated)
InterimYear-endTotal
Fiscal Year Ending March 31, 2027 (Forecast) ¥30 ¥30 ¥60 Approximately 44%
Fiscal Year Ending March 31, 2026 ¥25 ¥25 ¥50 38.7%
Fiscal Year Ended March 31, 2025 ¥25 ¥25 ¥50 41.9%
Fiscal Year Ended March 31, 2024 ¥25 ¥25 ¥50 62.3%
Fiscal Year Ended March 31, 2023 ¥0 ¥50 ¥50 41.4%
Fiscal Year Ended March 31, 2022 ¥0 ¥50 ¥50 37.9%
Fiscal Year Ended March 31, 2021 ¥0 ¥50 ¥50 48.3%
Fiscal Year Ended March 31, 2020 ¥25 ¥25 ¥50 41.8%
Fiscal Year Ended March 31, 2019 ¥25 ¥25 ¥50 42.2%
Fiscal Year Ended March 31, 2018 ¥25 ¥32
(Including the special dividend of ¥7)
¥57 (Including the special dividend of ¥7) 50.5%
Fiscal Year Ended March 31, 2017 ¥25 ¥25 ¥50 -%
Fiscal Year Ended March 31, 2016 ¥0 ¥25 ¥25 25.7%