Return to Shareholders
Shareholder Returns Policy
The Company positions the return to shareholders as an important managerial issue and have adopted performance linked approach based on continuous and stable dividend payouts, taking into account the business performance, investment plans, and business environment for each fiscal period.
Dividend and Payout ratio
Dividend
Regarding the year-end dividend for the fiscal year ending March 31, 2023, as a result of comprehensive consideration of factors such as business performance for the current fiscal year, future business development, and the business environment, We will set it at 38 yen per share. The total annual dividend for the year under review would be ¥76 per share including the paid interim dividend of ¥38 per share.
The forecast for the dividend per share for the fiscal year ending March 31, 2024 is 76 yen, the same amount as for the fiscal year ending March 31, 2023.
Dividend Payout Ratio
The Group has voluntarily adopted the IFRS from the fiscal year ended March 2020, and the Dividend Payout Ratio for the FYE 2019 have also been reclassified to the IFRS basis and presented. For years prior to the fiscal year ended March 2019, figures are presented in accordance with Japanese GAAP.
Stock Prices
FYE 2019 | FYE 2020 | FYE 2021 | FYE 2022 | FYE 2023 | |
---|---|---|---|---|---|
Highest (yen) | 3,736 | 3,184 | 2,684 | 2,413 | 2,653 |
Lowest (yen) | 2,209 | 1,876 | 1,672 | 1,665 | 1,798 |