Return to Shareholders (Dividends, etc.)

Basic Policies Regarding Distribution of Profits and Dividends

The basic policy as detailed in the medium-term management plan 2030, starting with the fiscal year ending March 31, 2026, is to enhance shareholder returns by increasing earnings per share through sustainable profit growth. As a specific policy for returns, the Company will maintain a dividend payout ratio of 35% or more and continue with a progressive dividend policy until the fiscal year ending March 31, 2028.
Profit attributable to owners of parent for FY2024 was ¥77.6 billion. After considering that this amount exceeds the full-year forecast of ¥73.0 billion announced in November 2024 and taking into account the outlook for the business environment, the Company will increase the year-end dividends by ¥2.5 per share from the existing forecast to ¥19.5 per share, making annual dividends of ¥36.5 per share at a dividend payout ratio of 33.6%. For the next fiscal year, the Company plans to pay second quarter-end dividends of ¥21.0 per share and year-end dividends of ¥21.0 per share for total annual dividends of ¥42.0 per share with the dividend payout ratio of 35.3%.

Changes to Dividend per Share

There were no stock splits during above period.

Acquisition of Treasury Stock, etc.

Fiscal 2023