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.
Breakdown of the year-end dividend for the FY2019/03 : Commemorative dividend 2 yen
Breakdown of the year-end dividend for the FY2022/03 : Commemorative dividend 10 yen
Breakdown of the year-end dividend for the FY2023/03 : Commemorative dividend 5 yen
2019/03 | 2020/03 | 2021/03 | 2022/03 | 2023/03 | 2024/03 (Expected) |
||
---|---|---|---|---|---|---|---|
Dividend Per Share(yen) | 1Q | - | - | - | - | - | - |
2Q | 5.00 | 10.00 | 10.00 | 13.00 | 18.00 | 18.00 | |
3Q | - | - | - | - | - | - | |
FY-End | 17.00 | 21.00 | 27.00 | 37.00 | 32.00 | 27.00 | |
Total | 22.00 | 31.00 | 37.00 | 50.00 | 50.00 | 45.00 | |
Amount of Dividends(million yen) | 1,203 | 1,697 | 2,026 | 2,738 | 2,739 | - | |
Payout Ratio(%) | 25.2 | 30.6 | 32.3 | 39.6 | 76.7 | 36.8 | |
Ratio of Total Amount of Dividends to Net Assets(%) | 4.0 | 5.0 | 5.2 | 6.4 | 6.2 | - |