Dividends & Payout Ratio

Dividend Policy

We consider capital raised from the market to be entrusted to us by our shareholders. Therefore, we regard profit distribution as one of our most important policies: to return profits to shareholders through performance-linked, earnings-based dividends. Our decisions are guided by the fundamental stance of delivering stable and reliable shareholder returns over the long term.

Dividend trends

*The dividend payout ratio excluding the effects of special factors in FY 3/24, i.e., the equity method investment gain of 5.02 billion yen and the impairment loss of 2.01 billion yen, is 20.3%.

*The dividend amount and EPS take into account the stock split of common stock at a ratio of 2 shares for 1 share, which took effect on April 1, 2024.