Returning Profits to Shareholders
The Company strives to carry out its operations worldwide from a global perspective and to increase its corporate value. With respect to the redistribution of profits to its shareholders, which we consider to be one of the most important management issues, the Company’s basic policy is to determine such distributions after taking into account, among others, its retained earnings for future growth and consolidated earnings performance based on a long-term perspective. With respect to dividends, the Company will strive to pay stable and continuous dividends aiming at a consolidated dividend payout ratio of approximately 30%. The Company may also acquire its own shares at a timing that it deems optimal, with the goal of improving efficiency of the Company’s capital structure and implementing a flexible capital strategy.
The Company’s basic policy for dividends is to make semiannual distributions (an interim dividend and a year-end dividend). The Company may determine dividends from surplus by a resolution of the Board of Directors.
Dividend Per Share
|Fiscal Year||Change from Previous Fiscal Year||Total amount
|Reference: FY2024 Forecast
*1 Expectation as of Aug. 9, 2023.
*2 On August 9, 2023, the Board of Directors resolved to implement a stock split with a record date of September 30, 2023. Forecast for the full-year dividend per share is not presented because simple comparisons are not possible due to the implementation of the stock split. However, the forecast for the full-year dividend per share based on the pre-stock split is not changed.
|Dividend per Share
|Fiscal Year||Change from Previous Fiscal Year||Total amount of shares acquired
|1st quarter end||2nd quarter end||3rd quarter end||4th quarter end|