• 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 FY2022

• Based on our increase of profit in the actual financial results for the first half of fiscal 2022 and the earnings forecasts for Fiscal 2022 since the announcement of the previous earnings forecasts and results for the first quarter on August 4, 2022, and with a view to maintaining a high-level return to shareholders as a year-end dividend for Fiscal 2022 and hereafter, we have decided to increase the planned dividend by 20 yen from the previous announcement and distribute a dividend of 90 yen per share at the end of the first half, reaching a record high as the first half year-end dividend.