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. To that end, while securing the internal reserves needed for our future business development, we have established a consolidated payout ratio target of 40% based on a comprehensive consideration of factors including performance, financial position, and return on capital.
Dividends and payout ratio
| The fiscal year ended March 31, 2022 | The fiscal year ended March 31, 2023 | The fiscal year ended March 31, 2024 | The fiscal year ended March 31, 2025 | The fiscal year ended March 31, 2026 | |
|---|---|---|---|---|---|
| Mid-term dividends (yen) | 5.00 | 2.50 | 10.00 | 17.50 | 69.00 |
| End-of-term dividends (yen) | 2.50 | 5.00 | 15.00 | 22.50 | 76.00 |
| Full-year dividend (yen) | 7.50 | 7.50 | 25.00 | 40.00 | 145.00 |
| Payout ratio (%) | 54.3 | 36.7 | 29.9 | 40.2 | 85.0 |
- Effective July 1, 2025, the Company implemented a four-for-one split of its common shares.
Figures prior to that date have been restated on a post-split adjusted basis.
Shareholder special benefits
We currently have no shareholder special benefit plan.