Shareholder Return Information
Shareholder Return Policy
Our shareholder return policy in the Medium-Term Management Plan 2026 and thereafter is as follows:
- Pay dividends and repurchase our shares in a flexible and agile manner with a total payout ratio of 40% or higher; and
- Further improve dividend stability and increase dividends in line with profit growth through progressive dividend payments*1.
The planned annual dividend for fiscal year ending March 31, 2025 remains unchanged at 130 yen, as announced on October 31, 2024 (the interim dividend of 65 yen has already been paid). In light of the upward revision of the forecasts for fiscal year ending March 31, 2025, further shareholder return shall be made under the above shareholder return policy, after considering the method and amount, etc.
We will continue pursuing sustainable profit growth and further strengthening our earnings base to enhance shareholder returns and increase shareholder value.
*1 Dividends to be maintained or increased.
Dividend per Share
| For the years ended March 31 | Cash dividends per share (Total) | Interim | Year-end |
|---|---|---|---|
| FY2015 | 50yen | 25yen | 25yen |
| FY2016 | 50yen | 25yen | 25yen |
| FY2017 | 62yen | 28yen | 34yen |
| FY2018 | 75yen | 37yen | 38yen |
| FY2019 | 80yen (ordinary didivend 70yen＋ 100 anniversary commemorative dividend 10yen) |
45yen (ordinary dividend 35yen＋ 100 anniversary commemorative dividend 10yen) |
35yen (ordinary dividend 35yen) |
| FY2020 | 70yen | 35yen | 35yen |
| FY2021 | 110yen | 45yen | 65yen |
| FY2022 | 115yen | 57.5yen | 57.5yen |
| FY2023 | 125yen | 62.5yen | 62.5yen |
| FY2024 (Forecast)*2 | 130yen (Forecast) | 65yen | 65yen (Plan) |
*2 For details, please see "Shareholder Return Policy" at the top of this page.
Progress of the Share Repurchases
| Period for repurchases | Method of repurchases | Total number of shares to be repurchased | Aggregate repurchases amount*3 |
|---|---|---|---|
| From Feb. 7, 2023 to Apr. 28, 2023 | Purchase on the TSE | 21,268,200 shares | 50.0 billion yen |
| From May 10, 2023 to Jun. 9, 2023 | Purchase on the TSE | 7,478,000 shares | 20.0 billion yen |
| From May 7, 2024 to Jun. 17, 2024 | Purchase on the TSE | 12,288,300 shares | 50.0 billion yen |
*3 Amounts of less than hundred million yen are rounded off.
Cancellation of Treasury Stock
| Cancellation period | Number of shares |
|---|---|
| Jun. 2, 2023 | 21,268,200 shares |
| Jul. 24, 2023 | 7,478,000 shares |
| Aug. 28, 2024 | 12,288,300 shares |
