Dividend Information

Dividend Policy

The Company considers returning profits to shareholders to be an important management measure and sets out its basic policy to continuously provide stable return to shareholders in accordance with the results of operations.

With regard to dividends from retained earnings, the Company aims to provide stable returns to shareholders while maintaining required internal reserves and paying attention to capital efficiency. Accordingly, the Company aims to sustain stable dividend per share, while maintaining an annual dividend per share of roughly ¥50 until the fiscal year ending March 31, 2026.

Dividend Trends

Dividend per shareDividend payout ratio (Consolidated)
InterimYear-endTotal
Fiscal Year Ending March 31, 2022 (Forecast) ¥0 ¥50 ¥50 59.5%
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%