Shareholder Returns and Dividends
Shareholder Returns Policy
Under a management approach that is conscious of capital efficiency and financial soundness, the Company conducts capital allocation by balancing business investments and shareholder returns to achieve sustainable growth. Our fundamental policy on shareholder returns is to distribute a steady dividend.
Dividend Information
For the year ended March 31, 2026, the year-end dividend was 15 yen per share, and the full- year dividend was 40 yen per share, including the interim dividend of 25 yen.
The full-year dividend for the year ending March 31, 2027 is forecast to be 20 yen per share (including the interim dividend of 10 yen per share), an increase of 5 yen over the current fiscal year.
- 1.A year-end dividend: 15 yen per common share
- 2.Date of commencement of Year-end dividend payment for the 162th period (the Year ended March 2026) : June 29, 2026
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| Period | Interim dividend per share | Year-end dividend per share | Dividend per share | Dividend payout ratio (%) |
|---|---|---|---|---|
| 162 (2026/3)* Forecast | ¥25.00 | ¥15.00 (Forecast) | ¥40.00 (Forecast) | — (Forecast) |
| 161 (2025/3) | ¥25.00 | ¥25.00 | ¥50.00 | 280.0 |
| 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 |
- *As of February 5, 2026