Basic Policy Concerning Profit Distribution and Dividends
Concerning dividends for the fiscal year ended March 31, 2019, the annual dividend per share was ¥75 and the dividend payout ratio was 30.5%. As for the fiscal year ended March 31, 2020 in Phase 1 of the Mid- to Long-term Management Plan (from the fiscal year ended March 31, 2020 to fiscal year ended March 31, 2022) formulated in April 2019, total return ratio is targeted to be around 40% to 50%. In regard to the dividend for the fiscal year ended March 31, 2020, the second quarter-end and year-end dividends will be ¥40.0 per share, and the annual dividend will be ¥80.0 per share.
Special Benefit Plans for Shareholders
The Company does not currently have special benefit plans for shareholders. The establishment of any such benefit plans for the future will be discussed and action related thereto determined with due consideration given to the Group's Shareholder Return Policy and requests from Shareholders.
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