Shareholder Returns and Dividends
Shareholder Returns Policy
The Company’s fundamental policy on shareholder returns is to distribute a steady dividend that reflects the perspective of shareholders and simultaneously realizing appropriate capital allocation flexibly from the medium-to-long term perspective, while strengthening investments (including strategic investments, R&D, and capital expenditures) to ensure sustainable growth. Based on this policy, the Company will return profits to shareholders at a target total return ratio of 40% or more.
Dividend Information
Interim dividend for the year ending March 2025 set at 25 yen per share.
- 1.Interim dividend : 25 yen per common share
- 2.Date of commencement of Interim dividend payment for the 161th period(the Year ending March 2025) : December 2, 2024
The year-end dividends for the year ending March 2025 set at 25 yen per share.
As a result, cash dividends for the year ending March 2025 will be 50 yen per share, including 25 yen of interim dividend.
Swipe horizontally to view full table.
| Period | Interim dividend per share | Year-end dividend per share | Dividend per share | Dividend payout ratio (%) |
|---|---|---|---|---|
| 161 (2025/3)* Forecast | ¥25.00 | ¥25.00 (Forecast) | ¥50.00 (Forecast) | 280.0 (Forecast) |
| 160 (2024/3) | ¥25.00 | ¥25.00 | ¥50.00 | 53.2 |
| 159 (2023/3) | ¥20.00 | ¥25.00 | ¥45.00 | 35.9 |
| 158 (2022/3) | ¥20.00 | ¥20.00 | ¥40.00 | 34.4 |
| 157 (2021/3) | ¥10.00 | ¥10.00 | ¥20.00 | — |
| 156 (2020/3) | ¥30.00 | ¥10.00 | ¥40.00 | 200.7 |
| 155 (2019/3) | ¥30.00 | ¥30.00 | ¥60.00 | 35.7 |
| 154 (2018/3) | ¥14.00 | ¥22.00 | ¥36.00 | 41.0 |
| 153 (2017/3) | ¥12.00 | ¥4.00 | ¥16.00 | 159.8 |
| 152 (2016/3) | ¥8.00 | ¥10.00 | ¥18.00 | 23.8 |
| 151 (2015/3) | ¥10.00 | ¥22.00 | ¥32.00 | 69.1 |
- *As of May 8, 2025