Investor Relations | Stock InformationDividends Information

Basic Policy Concerning Profit Distribution and Dividends

The Company's payout ratio is approximately 30%, in accordance with business performance, comprehensively considering the operating environment, capital investment plans, retained earnings, and other relevant factors year-end dividend for the fiscal year ended March 31, 2019.Based on these policies, concerning dividends for the fiscal year ended March 31, 2019, the Company has set a year-end dividend per share for the fiscal year ended March 31, 2019 of ¥37.5 as forecasted. Combined with the second quarter-end dividend already paid, the annual dividend per share is ¥75 and dividend payout ratio is 30.5%.
As for the fiscal year ended March 31, 2020 in Phase 1 of the Mid- to Long-term Management Plan (from fiscal year ending March 31, 2020 to fiscal year ending March 31, 2022) formulated in April 2019, total return ratio is around 40% to 50%. In regard to the dividend for the next fiscal year, 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.