Stock Information
Dividends and Return to Shareholders
Basic Policy for Dividends
The Company views the strengthening of returns to shareholders as an important task for management. For dividend distribution, the basic policy for fiscal years lies in stable and continuous distribution of dividends after retained earnings are taken into consideration, for the purposes of investments in production facilities in growing business fields, in technological developments in new business areas, and in tapping new markets.
Dividends
The company decided to pay an interim dividend for the 86th period of 22 yen per share in accordance with the initial forecast. At present time, the year-end dividend forecast is 22 yen per share.
In this case, the company's full-year dividends will be ¥44 per share (consolidated payout ratio of 136.8%).
(Announced November 10, 2023)
| Interim | Year end | Total | Consolidated dividend payout ratio | |
|---|---|---|---|---|
| 86th (4/2023～3/2024) | 22 | 22(E) | 44(E) | 136.8％％(E) |
Dividends change
| Interim | Year end | Total | Consolidated dividend payout ratio | |
|---|---|---|---|---|
| 85th (4/2022～3/2023) | 25 | 25 | 50 | 37.0％ |
| 84th (4/2021～3/2022) | 18 | 22 | 40 | 19.8% |
| 83rd (4/2020～3/2021) | 16 | 20 | 36 | 19.5% |
| 82nd (4/2019～3/2020) | 14 | 16 | 30 | 17.7% |
| 81st (4/2018～3/2019) | 12 | 14 | 26 | 23.8% |
| 80th (4/2017～3/2018) | 8 | 14 | 22 | 19.0% |
| 79th (4/2016～3/2017) | 6 | 12 | 18 | 15.1％ |
| 78th (4/2015～3/2016) | 6 | 8 | 14 | 67.9％ |
| 77th (4/2014～3/2015) | 4 | 10 | 14 | 17.4％ |
| 76th (4/2013～3/2014) | 4 | 5 | 9 | 28.6％ |
| 75th (4/2012～3/2013) | 4 | 5 | 9 | 30.1％ |
| 74th (4/2011～3/2012) | 3 | 6 | 9 | 52.8％ |
| 73rd (4/2010～3/2011) | 9 | 9 | 18 | 61.4％ |
| 72nd (4/2009～3/2010) | 6 | 9 | 15 | 36.6％ |
| 71st (4/2008～3/2009) | 9 | 3 | 12 | - |
| 70th (4/2007～3/2008) | 9 | 9 | 18 | 93.1％ |
| 69th (4/2006～3/2007) | 9 | 9 | 18 | 26.4％ |
| 68th (4/2005～3/2006) | 7 | 9 | 16 | 26.2％ |
| 67th (4/2004～3/2005) | 7 | 7 | 14 | 21.6％ |
| 66th (4/2003～3/2004) | 6 | 6 | 12 | 13.9％ |
| 65th (4/2002～3/2003) | 4 | 4 | 8 | 34.5％ |
| 64th (4/2001～3/2002) | 4 | 4 | 8 | 97.3％ |