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DIVIDEND INFORMATION

DIVIDEND INFORMATION image

Dividend Information

Dividend Policy

We regard the return of profits to shareholders as an important management issue.
Our basic policy is to distribute earnings in accordance with business results while retaining the surplus required for business development and maintenance of financial soundness to increase corporate value. We aim for a consolidated dividend payout ratio of 35% or more.

Dividends

Financial year Interim Year-end Annual Payout ratio Dividend Yield
FY2021/12(E) 4.0 yen 4.0 yen 8.0 yen 42.8% 1.2%
FY2020/12 6.6 yen 6.6 yen 13.2 yen 46.9% 2.0%
FY2019/12 6.5 yen 6.5 yen 13.0 yen 36.7% 2.4%
FY2018/12 5.5 yen 6.5 yen 12.0 yen 39.5% 2.3%
FY2017/12 11.0 yen 11.0 yen 22.0 yen 50.4% 3.5%
FY2016/12 17.5 yen 12.5 yen 30.0 yen 53.8% 3.6%
  1. The dividend (interim dividend) per share for FY12/2016 includes the commemorative dividend of 5 yen for the Company’s 10th year of business.
  2. The Company implemented a 1:2 stock split with an effective date of April 1, 2018. The dividend for FY12/2017 refers to the stock before the split.
  3. The Company implemented a 1:2 stock split with an effective date of December 17, 2016. The interim dividend for FY12/2016 refers to the stock before the split.
  4. Dividend yield is calculated based on the stock price as of the end of the previous fiscal year.