Yokowo Co., Ltd.

IR Information

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 full-year consolidated results for the 80th term under review topped the record consolidated sales achieved the previous year and operating income also exceeded the revised earnings forecast. With respect to year-end dividends for this term, the Company paid ¥14 per share(an increase of ¥2 per share compared to the year-end dividend forecast published on February 8, 2018), considering internal reserves necessary for operations in the next term and onwards, financial stability as well as the outlook for business expansion, while factoring in the business performance in this fiscal year. With the payment of an interim dividend of ¥8 per share for this fiscal year, the Company's full-year dividend is ¥22 per share (consolidated payout ratio of 19.0%).
With respect to dividends for the 81th term, the Company expects to pay ¥22 per share for annual dividends (interim dividend of ¥10, year-end dividend of ¥12 and 17.8% in terms of expected consolidated payout ratio).(announced on May 10, 2018)

(UNIT: yen per share)
Interim Year end Total Consolidated dividend payout ratio
81th 3/19 (4/2018~3/2019) 10(E) 12(E) 22(E) 17.8%(E)
Dividends change
Interim Year end Total Consolidated dividend payout ratio
80th 3/18 (4/2017~3/2018) 8 14 22 19.0%
79th 3/17 (4/2016~3/2017) 6 12 18 15.1%
78th 3/16 (4/2015~3/2016) 6 8 14 67.9%
77th 3/16 (4/2014~3/2015) 4 10 14 17.4%
76th 3/16 (4/2013~3/2014) 4 5 9 28.6%
75th 3/16 (4/2012~3/2013) 4 5 9 30.1%
74th 3/16 (4/2011~3/2012) 3 6 9 52.8%
73rd 3/16 (4/2010~3/2011) 9 9 18 61.4%
72nd 3/16 (4/2009~3/2010) 6 9 15 36.6%
71st 3/16 (4/2008~3/2009) 9 3 12 -
70th 3/16 (4/2007~3/2008) 9 9 18 93.1%
69th 3/16 (4/2006~3/2007) 9 9 18 26.4%
68th 3/16 (4/2005~3/2006) 7 9 16 26.2%
67th 3/16 (4/2004~3/2005) 7 7 14 21.6%
66th 3/16 (4/2003~3/2004) 6 6 12 13.9%
65th 3/16 (4/2002~3/2003) 4 4 8 34.5%
64th 3/16 (4/2001~3/2002) 4 4 8 97.3%