As of May, 2023

Dividends Policy

We consider returning profits to shareholders to be an important management issue, while paying attention to enhancing internal reserves in order to actively implement R&D activities. Our basic policy is to return profits to shareholders based on a comprehensive consideration of our operating results and financial position. Specifically, the policy is to distribute profits to shareholders on the basis of 35% of net income, which is calculated without taking extraordinary gains and losses into account in the consolidated financial statements. Based on the policy, we plan to pay a year-end dividend of ¥17 per share for fiscal 2024. 

Dividend Trends

FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
(Expected)
Dividend Per Share(yen) 1Q ------
2Q 0.000.000.000.000.000.00
3Q ------
FY-End 8.0016.0033.0042.0017.0017.00
Total 8.0016.0033.0042.0017.0017.00
Amount of Dividends(million yen) 9631,9263,9735,0572,047-
Payout Ratio(%) 25.220.220.031.6138.260.2
Ratio of Total Amount of Dividends to Net Assets(%) 1.52.74.74.91.8-

Share Buybacks

We have not bought back our shares as of today.

Share unit number

One trading unit is 100 shares. Our common stock was split at a ratio of 400 shares for each on April 1, 2011.