INVESTOR RELATIONS
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 FY2025 was ¥96.7 billion. Taking into account that this amount exceeds the full-year forecast of ¥90.0 billion announced in November 2025 and based on the shareholder return policy outlined in the medium-term management plan 2030, the Company will increase the year-end dividends by ¥3.5 per share from the existing forecast to ¥26.0 per share. Together with the second quarter-end dividends (¥22.0 per share), the annual dividends will be ¥48.0 per share at a dividend payout ratio of 35.4% (up 0.1 percentage points from the full-year forecast). For the next fiscal year, the Company plans to pay second quarter-end dividends of ¥25.0 per share and year-end dividends of ¥25.0 per share for total annual dividends of ¥50.0 per share with the dividend payout ratio of 35.7%.
Changes to Dividend per Share
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(Yen)
(%)
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| FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Interim | 6.5 | 7.0 | 7.5 | 8.0 | 8.0 | 8.0 | 9.0 | 14.0 | 17.0 | 22.0 |
| Year-end | 6.5 | 7.5 | 8.0 | 8.0 | 8.0 | 9.0 | 14.5 | 17.0 | 19.5 | 26.0 |
| Total | 13.0 | 14.5 | 15.5 | 16.0 | 16.0 | 17.0 | 23.5 | 31.0 | 36.5 | 48.0 |
| Dividend payout ratio (%) | 25.1 | 25.1 | 27.3 | 29.8 | 53.1 | 34.8 | 35.0 | 32.2 | 33.6 | 35.4 |
There were no stock splits during above period.
Treasury Stock by Fiscal Year
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| FY2020 Mar-31, 2021 |
FY2021 Mar-31, 2022 |
FY2022 Mar-31, 2023 |
FY2023 Mar-31, 2024 |
FY2024 Mar-31, 2025 |
|
|---|---|---|---|---|---|
| Treasury Stock Acquired (Shares) | 2,187 | 2,205 | 2,019 | 1,674 | 1,395 |
| Treasury Stock at Fiscal Year-End (Shares) | 274,292 | 26,339 | 28,082 | 29,703 | 31,083 |
There were no treasury shares acquired that were retired during the above period.