Investor RelationsInvestor Relations

Distribution of Profits

Dividend Policy

Our basic policy is to maintain stable and continuous payment of dividends that reflect consolidated performance as well as to strengthen financial position and management foundation from a long-term perspective.
Based on this policy, the Medium-term Management Plan 2021, announced on November 6, 2018, includes the goal of paying a stable dividend while maintaining a consolidated payout ratio of 25% to 35%.


Dividends per Share

(yen)
2016/3
2017/3
2018/3
2019/3
2020/3
Interim 20 25 30 35 30
Year-end 20 35 40 45 40
Annual 55 60 70 80 70
*The stock split is not implemented during the period in the above table.


Treasury Stock

(As of Mar. 31, 2020 )
  • (1)Status of acquisition upon resolution of general meeting of shareholders
    Not applicable.
  • (2)Status of acquisition upon resolution of the Board of Directors
    Not applicable.
  • (3)Matters contingent neither on resolution of general meeting of shareholders nor on resolution of the Board of Directors


Shares

Yen

Treasury shares acquired in the current fiscal year

358

779,755

  • (4)Status of disposal and possession of treasury shares acquired


Shares

Yen

Treasury shares offered to subscriber

Treasury shares disposed


Treasury shares transferred in relation to merger, share exchange or demerger

Other
(provision of transfer-restricted stock-based compensation)
11,900
31,725,400
Others
(Sold due upon request for sale of shares constituting less than one full unit)

42

69,342

Number of treasury shares held

1,241,113



Stock Split

No stock split for the past 5 years.


Shareholder incentives

Not applicable.