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 5.0% and a dividend payout ratio*2 of 50%.”
For the fiscal year ending March 2026, we plan to increase the annual dividend per share by ¥34 from the previous fiscal year, bringing it to ¥148 per share.
We conducted a 4-for-1 stock split of our common stock, effective April 1, 2026. The dividend for the current fiscal year,with March 31, 2026 as the record date, will be paid based on the number of shares of common stock outstanding before this stock split.
In April 2026, we changed our dividend policy in light of our current financial situation, improvements in business profitability, and the level of return on equity (ROE).
[Before Revision] Applicable through the fiscal year ending March 2026
“Based on consolidated financial results, we aim for a ratio of dividends to net assets*1 of 5.0% and a dividend payout ratio*2 of 50%.”
[After Revision] Applicable starting with the fiscal year ending March 2027
“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%.”
In accordance with this new dividend policy, for the fiscal year ending March 2027, we plan to pay an annual dividend of ¥40 per share.
There is no shareholder benefit program.
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