Basic Policy Regarding Earnings Distribution

The Company considers providing returns to shareholders to be one of its highest priorities. Its basic policy is to continually provide a stable dividend, in a comprehensive consideration of such factors as sustainable profit levels, retention of earnings for future investment, and improving the financial position to provide shareholders returns, including the acquisition of treasury shares, with a target total return ratio (*) of 30%.


(*) Total return ratio = (total dividend + total amount of share buybacks) / profit attributable to owners of parent

FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Dividend Per Share(yen) 1Q ------
3Q ------
FY-End 40.0040.0040.0040.0040.0040.00
Total 40.0040.0040.0040.0040.0040.00
Amount of Dividends(million yen) 3,5523,5543,5563,5333,524-
Payout Ratio(%) 25.884.627.6-143.5135.5
Ratio of Total Amount of Dividends to Net Assets(%)

Acquisition of Treasury Shares

Acquisition period

Acquisition method

Total number of

shares acquired

Total amount of

acquisition price

From February 9, 2023

to April 18, 2023

Market purchases on Tokyo Stock Exchange


999,992,581 yen

Stock Split

No stock split from FY2020 on.