Dividend Information
Dividend Policy
In FY2021, we continued to pay a dividend of JPY21 per share of common stock (interim dividend of JPY10.5 and year-end dividend of JPY10.5) and implemented share repurchases approximate total amounting to JPY10 billion in order to enhance return to its shareholders, improve capital efficiency and implement its capital policies in more flexible and timely fashion from Nov. 10 to Dec. 17, 2021.
In FY2022, we plan to pay an annual dividend of JPY21 per share of common stock (interim dividend of JPY10.5 and year-end dividend of JPY10.5).
Based on the shareholder return policy stated in the Mid-term Management Plan, the Company will maintain stable dividends and strive enlargement of shareholder return with an eye on the optimal balance among its financial soundness, profitability and investment opportunities for future growth. Specifically, as for the total shareholder return ratio, we will aim to achieve middle 40% range in the medium term.
Dividends per common share
Dividends per common share
| Annual (Yen) |
Interim (Yen) |
Year-end (Yen) |
Dividend Payout Ratio | |
|---|---|---|---|---|
| FY2022 | 21 |
10.5 |
10.5 |
33.4% |
| 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% |