Dividends and Shareholder Returns

Basic Policy Concerning Profit Distribution and Dividends(as of January 2024)

・Based on the achievement of record high business profit exceeding earnings forecast, we decided to increase dividend per share by ¥10.0 (¥130.0→¥140.0), resulting in 35.7% of dividend payout ratio and 46.0% of total return ratio.

・In FY25/3, dividend per share is expected to increase to ¥165.0 per share with the 13 consecutive FY of dividend increase. Dividend payout ratio is expected to be 40.7%.

Dividends

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.