We consider the stable return of profits an important management priority for raising shareholder value. Balancing demands for cash, we strive to maintain a sound financial structure and prioritize investments to expand the business over the medium to long term. At the same time, we aim to provide stable dividends and aim for a dividend payout ratio of 30%, raising dividends in line with increases in operating performance.

2018/03 2019/03 2020/03 2021/03 2022/03 2023/03
Dividend Per Share(yen) 1Q ------
2Q 5.005.0010.0010.0013.0018.00
3Q ------
FY-End 14.0017.0021.0027.0037.0027.00
Total 19.0022.0031.0037.0050.0045.00
Amount of Dividends(million yen) 1,0391,2031,6972,0262,738-
Payout Ratio(%) 22.425.230.632.339.635.2
Ratio of Total Amount of Dividends to Net Assets(%)

At a meeting held January 21, 2019, the Infocom Corporation board of directors approved a two-for-one share stock split with the effective date of March 1, 2019.
Figures for dividend per share reflect calculations after to stock split.