Return to Shareholders (Dividends)

Basic policy

Our basic policy has been to provide a stable financial foundation over the long term and return profit to our shareholders. We strive to meet the expectations of our shareholders, ensuring that dividends are determined based on a comprehensive consideration of factors including performance and dividend payout ratio.

Dividends and payout ratio

The fiscal year ended March 31, 2019 The fiscal year ended March 31, 2020 The fiscal year ended March 31, 2021 The fiscal year ended March 31, 2022 The fiscal year ended March 31, 2023
Mid-term dividends (yen) 60.00 60.00 0 20.00 10.00
End-of-term dividends (yen) 60.00 70.00 45.00 10.00 20.00
Full-year dividend (yen) 120.00 130.00 45.00 30.00 30.00
Payout ratio (%) 36.3 30.0 29.1 54.3 36.7
  • The Group voluntarily complies with International Financial Reporting Standards (IFRS) replacing the conventional Japanese GAAP standards, for its consolidated financial statements in its securities reports from the fiscal year ended March 31, 2022 (118th term).

Shareholder special benefits

We currently have no shareholder special benefit plan.