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Dividend Policy

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  • Consolidated dividend annual payout ratio target: around 30%
  • Factors to be considered to return the profit to shareholders include:
    • capital requirements for investments to raise corporate value,
    • our performance forecast,
    • consolidated and non-consolidated balance sheets.
  • The level of the first-half dividend is determined based on consideration of interim performance figures and forecasts for the full fiscal year performance.

Dividend of FY2019

  • Regarding the dividend from retained earnings for the end of the 2Q (interim), in accordance with the policy described above, the Company has decided to pay a dividend of \10 per share (representing a consolidated dividend payout ratio of 23.8%), as announced on August 1, 2019 at the time of the announcement of results for the first quarter.
  • We intends to determine the forecast for the year-end dividend distribution amount, with due consideration of forecasts for the full fiscal year performance, and announce it at the time of the 3Q results announcement.
Dividend of FY2018

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