Investor Relations

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)

(%)

Dividend payout ratio
Interim
Year-end

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(Yen)
  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.