Shareholders Return
Shareholders Return
Shareholders return policy
During the "Challenge 1000" long-term vision to fiscal year 2030, we aim to achieve a consolidated payout ratio of 30%, a total payout ratio of 50% (*1), and a dividend (*2) on equity (DOE) of 3%.
*1: The total return ratio is an indicator that represents the proportion of shareholder returns, calculated by adding dividends and share repurchases, and dividing this sum by the net income attributable to owners of the parent company.
*2: Consolidated shareholders' equity (consolidated net assets minus accumulated other comprehensive income).
Regarding share repurchases, we will implement them flexibly, taking into account factors such as stock price levels.
History of shareholder dividends
(Yen/share)
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | |
| Interim dividend | 12 | 12 | 13 | 14 | 25 |
| End-of-period dividend | 12 | 12 | 13 | 14 | 25 |
| Annual dividend | 24 | 24 | 26 | 28 | 50 |
| Dividend Payout Ratio | 23.2 | 19.1 | 27.7% | 18.1％ | 25.4% |
Shareholders Return
million of yen
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | |
| Total Dividends | 1,338 | 1,304 | 1,375 | 1,420 | 2,240 |
| Share Repurchases | 1,605 | 2,474 | 1,328 | 3,218 | 10,221 |
| Total Payout Ratio | 51.1% | 54.9% | 54.1% | 59.1% | 141.4% |
Total payout ratio =
（Total Dividends +Share Repurchases)÷Profit attributable to owners of parent×100
Acquisition of Treasury Stock
| Acquisition date | No. of shares acquired |
Value of shares acquired (million of yen) |
|---|---|---|
| Aug. 29, 2022 | 1,045,000 | 1,328 |
| May. 31, 2023 | 2,102,900 | 3,038 |
| Oct. 27, 2023 | 110,000 | 180 |
| Feb. 29, 2024 | 5,891,100 | 10,221 |
| Apr. 28, 2025 | 1,460,000 | 2,794 |