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Dividend Information

Dividend Policy

On May 12, 2023, we announced a new medium-term management plan (plan period: April 1, 2023 to March 31, 2026).

In this context, the Company's policy for shareholder returns is to continue paying stable dividends while aiming to raise the total return ratio to around 50%.

Based on this policy, in FY2023, we plan to increase the dividend by JPY1 to an annual dividend of JPY22 per share (interim dividend of JPY11 and year-end dividend of JPY11).

Dividends per common share

Dividends per common share

Dividends per common share

Annual
(Yen)
Interim
(Yen)
Year-end
(Yen)
Dividend Payout Ratio
FY2023

22
(Forecast)

11

11
(Forecast)

34.4%
(Forecast)

FY2022

21

10.5

10.5

31.1%

FY2021

21

10.5

10.5

46.2%

FY2020

21

10.5

10.5

38.8%

FY2019

21

10.5

10.5

31.7%

FY2018

21

10.5

10.5

27.8%

FY2017

20

10

10

19.9%

FY2016

19

9.5

9.5

28.4%

FY2015

17

8.5

8.5

22.4%

FY2014

17

-

17

18.7%

FY2013

15

-

15

16.7%

FY2012

12

-

12

11.4%

FY2011

12

-

12

12.4%

FY2010

12

-

12

16.4%

FY2009

10

-

10

11.3%

FY2008

10

-

10

13.1%

FY2007

10

-

10

4.2%

FY2006

10

-

10

1.9%

FY2005

10

-

10

3.1%