We have positioned returning profits to shareholders as one of the highest priority management policies. In order to pay dividends to our shareholders in a stable manner over the long term, we have our basic policy on profit distribution to "expand profits from business activities through sustainable growth and distribute profits in a stable manner over the long term."
In line with our basic policy, we have set our dividend policy as follows: “Based on consolidated financial results, we aim for a ratio of dividends to net assets*1 of 6.0% and a dividend payout ratio*2 of 50%.”
For the fiscal year ending March 2027, we plan to pay an annual dividend of ¥40 per share.
We conducted a 4-for-1 stock split of our common shares, effective April 1, 2026. The dividend for the fiscal year ending March 31, 2027, with March 31,2027 as the record date, will be paid based on the number of common shares after the stock split.
We conducted a 4-for-1 stock split of our common shares, effective April 1, 2026. “Total number of issued shares at the end of the period,” “Number of treasury shares at the end of the period,” and “Average number of shares outstanding during the period” have been calculated assuming that this stock split had been implemented at the beginning of the fiscal year ended March 31, 2025.
There is no shareholder benefit program.
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