Dividend Information

Dividend policy

As we consider the capital we have raised to have been entrusted to us by our shareholders, we recognize that one of our most important obligations is to redistribute our profits among shareholders by linking dividend payments to business performance and earnings. We constantly strive to improve our dividend payout ratio with the aim of delivering our shareholders with stable and constant returns over the long-term based on a target payout ratio of 20%.

Actual dividend

(Non-consolidated)

Dividends per share
(Interim dividends per share) (JPY)
Payout ratio (%)
FY FY2012 FY2013 FY2014 FY2015 FY2016
Dividends per share
(Interim dividends per share) (JPY)
43.00
(19.00)
48.00
(21.00)
50.00
(24.00)
52.00
(25.00)
62.00
(26.00)
Payout ratio (%) 22.6 14.9 12.9 15.7 15.2

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