Dividends and Distribution of Profits
Basic Policy Regarding Distribution of Profits and Dividends of This Period
The Company considers the return of earnings to shareholders as one of the most important measure, and the Company has the target for consolidated dividend payout ratio to be 35% and stable dividend payment.
Cash dividends per share for March 2022 is expected to be 100 yen.
Annual dividend per share (yen)
|Interim dividend||Year-end dividend||Annual dividend|
|2010/3||15 yen||15 yen||30 yen|
|2011/3||15 yen||15 yen||30 yen|
|2012/3||15 yen||20 yen||35 yen|
|2013/3||15 yen||35 yen(*1)||50 yen|
|2014/3||20 yen||25 yen||45 yen|
|2015/3||20 yen||32 yen||52 yen|
|2016/3||25 yen||42 yen||67 yen|
|2017/3||25 yen||45 yen||70 yen|
|2018/3||25 yen||50 yen||75 yen|
|2019/3||25 yen||66 yen||91 yen|
|2020/3||30 yen||70 yen||100 yen|
|2021/3||30 yen||60 yen||90 yen|
*1Detail of Dividends as March 31,2013:Ordinary dividend 30 yen, 100th anniversary commemorative dividend 5 yen
Complimentary programs for shareholders
We do not offer complimentary programs for shareholders. As our basic policy, we distribute profits via dividends to our shareholders.