Shareholder Return Policy
The Company’s shareholder return policy is based on a total amount of shareholder returns consisting of the amount of dividends combined with the amount of treasury shares acquired. The Company will target a total return ratio (*) that is mainly in the range of approximately 30% to 35%, and determine it based on comprehensive judgments that take into account such considerations as medium- and long-term investment for future enhancement of corporate value.
(*) Total return ratio = (amount of dividends + amount of treasury shares acquired) ÷ consolidated net income x 100
Dividends per share and shareholder return indexes
| FYE | Dividend Per Share (Yen) | Remarks | ||
|---|---|---|---|---|
| 2nd Quarter end | 4th Quarter end | Full-year | ||
| 3/20 (Forecast) | 20 | 33 | 53 | |
| 3/19 | 20 | 28 | 48 | |
| 3/18 | 20 | 20 | 40 | |
| 3/17 | 18 | 22 | 40 | |
| 3/16 | 16 | 20 | 36 | |
| 3/15 | 15 | 18 | 33 | |
| 3/14 | 11 | 19 | 30 | |
| 3/13 | 10 | 13 | 23 | |
| 3/12 | 9 | 12 | 21 | |
| 3/11 | 7 | 19 | 26 | Includes 2 yen of dividend to commemorate the 120th anniversary of the company. |
| 3/10 | 5 | 5 | 10 | |
| 3/09 | 5 | 5 | 10 | |
| 3/08 | 5 | 5 | 10 | |
| 3/07 | 6 | 6 | 12 | |
| 3/06 | 20 | 3 | 23 | Includes 17 yen of special dividend. |
| 3/05 | 3 | 3 | 6 | |
| 3/04 | 3 | 3 | 6 | |
| 3/03 | 3 | 3 | 6 | |
| 3/02 | 3 | 3 | 6 | |
| 3/01 | 3 | 4.5 | 7.5 | Includes 1.5 yen of dividend to commemorate the 110th anniversary of the company. |
| 3/00 | 3 | 3 | 6 | |