Aiming to be a “sustainable growth company with strategic investments,” our basic policy is to expand investments for growth while being conscious of capital efficiency and implementing shareholder returns.
As announced in the "Notice Concerning Revision of Shareholder Return Policy under Medium-Term Management Plan Sustainability V (Value) and Revision of Dividend Forecast (Dividend Increase) " dated August 8, 2024, the Company has adopted a shareholder return policy of a consolidated payout ratio of 80% or more and a total return ratio of 100% as a limited measure for the two years until the final fiscal year of Sustainability V(Value) [FY2024 (fiscal years ended March 2025) and FY2025 (fiscal years ending March 2026)].
Based on this policy, we plan to pay a dividend of 86 yen per share for thisfiscal year (40 yen for interim dividends and 46 yen for year-end dividends). Based on the current profit attributable to owners of parent of 1,566 million yen, the consolidated dividend payout ratio will be 94.1%. In addition, when combined with the 99 million yen of treasury stock that was acquired in March 2025, the total return ratio will be 100.2%.
The Company will continue to enhance capital efficiency and actively promote investments, aiming to achieve sustainable growth.
Note: On October 1, 2023, the Company carried out a 4-for-1 share split of its common stock. The dividend amount per share is the amount assuming that the stock split was carried out at the beginning of the fiscal year ended March 31, 2021 (FY2020).
In addition, the the Company will implement a 2-for-1 stock split of its common stock on October 1, 2025. The dividend per share for the fiscal year ending March 31, 2026 (FY2025) is shown in the amount before the stock split.
| FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 （Expected） |
||
|---|---|---|---|---|---|---|---|
| Dividend Per Share(yen) | 1Q | - | - | - | - | - | - |
| 2Q | - | - | 17.50 | 20.00 | 40.00 | 45.00 | |
| 3Q | - | - | - | - | - | - | |
| FY-End | 15.00 | 32.50 | 25.00 | 40.00 | 46.00 | 22.50 | |
| Total | 15.00 | 32.50 | 42.50 | 60.00 | 86.00 | - | |
| Amount of Dividends(million yen) | 270 | 581 | 758 | 1,048 | 1,470 | - | |
| Payout Ratio(%) | 27.0 | 45.1 | 47.9 | 22.0 | 94.1 | 81.2 | |
| Ratio of Total Amount of Dividends to Net Assets(%) | 1.6 | 3.2 | 4.0 | 4.9 | 6.2 | - | |
Note: On October 1, 2023, the Company carried out a 4-for-1 share split of its common stock. The dividend amount per share is the amount assuming that the stock split was carried out at the beginning of the fiscal year ended March 31, 2021 (FY2020).
In addition, the the Company will implement a 2-for-1 stock split of its common stock on October 1, 2025.
The Company will implement a 2-for-1 stock split of its common stock on October 1, 2025.
On October 1, 2023, the Company carried out a 4-for-1 share split of its common stock.
|
Period of acquisition |
Method of acquisition |
Total number of shares acquired |
Aggregate amount of acquisition cost（yen） |
|
From November 11, 2021 to November 30, 2021 |
Market purchase on the Tokyo Stock Exchange |
45,200 |
99,855,200 |
|
From November 15, 2022 to December 1, 2022 |
Market purchase on the Tokyo Stock Exchange |
34,700 |
99,770,200 |
|
From November 10, 2023 to November 24, 2023 |
Market purchase on the Tokyo Stock Exchange |
102,200 |
99,979,200 |
|
From February 1, 2024 to May 8, 2024 |
Market purchase on the Tokyo Stock Exchange |
611,600 |
799,954,900 |
|
From March 21, 2025 to March 24, 2025 |
Market purchase on the Tokyo Stock Exchange |
73,900 |
99,886,900 |
|
Cancellation period |
Number of shares cancelled |
|
February 3, 2022 |
45,200 |
|
February 2, 2023 |
34,700 |
|
February 1, 2024 |
102,200 |
|
July 1, 2024 |
500,000 |
|
June 2, 2025 |
73,900 |
