Basic Policy Concerning Profit Distribution and Dividends
As for dividend, the Company set the year-end dividend for the fiscal year ended March 31, 2022 at 55.0 yen per share, which is an increase of 7.5 yen from forecasted. Combined with the second quarter-end dividend, the annual dividend per share is 97.5 yen. As a result, total return ratio during this fiscal year, which included the acquisition of treasury shares, is 44.3%.
Under the Mid- to Long-term Business Plan, which was disclosed in April 2022, the Company set a policy of the total return ratio to be 40-50% in Phase 1 (from fiscal year ending March 31, 2023 to fiscal year ending March 31, 2025). In regard to the dividend for the fiscal year ending March 31, the Company intends to set both the second quarter-end and the year-end dividend at 55.0 yen per share, therefore the annual dividend per share is expected to be 110.0 yen.
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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