Shareholder Returns

Set a minimum DOE* of 3% and complement it with agile share repurchases to enhance shareholder returns

*Total dividends / Equity attributable to owners of the parent company

Mid-Term Business Plan Phase 1 (2026 – 2028):Cash Allocation

Date of record and payment

The company basically pays dividends twice a year (interim and year-end).

Interim dividend Year-end dividend
Date of record End of September End of March
Date of payment End of November End of June

Dividends and Consolidated Payout Ratio

Business term Interim dividend Year-end dividend Total Dividend payout ratio
(Consolidated) *
Fiscal year ended March 2026 ¥37.00 (Forecast) ¥37.00 (Forecast) ¥74.00 (Forecast) -
Fiscal year ended March 2025 ¥37.00 ¥37.00 ¥74.00 38.2%
Fiscal year ended March 2024 ¥37.00 ¥37.00 ¥74.00 54.2%
Fiscal year ended March 2023 ¥31.00 ¥41.00
(Regular dividend ¥31.00)
(Commemorative dividend ¥10.00)
¥72.00
(Regular dividend ¥62.00)
(Commemorative dividend ¥10.00)
36.3%
Fiscal year ended March 2022 ¥31.00 ¥31.00 ¥62.00 34.2%
Fiscal year ended March 2021 ¥31.00 ¥31.00 ¥62.00 49.7%

* Calculated based on the amount obtained by deducting an amount equivalent to the statutory effective tax rate from business profit

Acquisition of Treasury Shares

Repurchase period Repurchase method Total number of shares purchased Total repurchase amount
July 18, 2024 to February 17, 2025
(on an execution base)
Purchase on the Tokyo Stock Exchange (By securities company using discretionary method) 11,372,200 29,999,999,800 yen
May 20, 2022 to January 16, 2023
(on an execution base)
Purchase on the Tokyo Stock Exchange (By securities company using discretionary method) 14,612,500 29,999,962,900 yen
May 7, 2019 to August 9, 2019
(on an execution base)
Purchase on the Tokyo Stock Exchange (By securities company using discretionary method) 6,210,600 9,999,888,400 yen
May 2, 2016 to June 30, 2016
(on an execution base)
Purchase on the Tokyo Stock Exchange (By securities company using discretionary method) 5,370,000 9,987,101,600 yen
November 17, 2011 Purchase through the off-auction own share repurchase trading system (ToSTNeT-3) on the Tokyo Stock Exchange 20,250,000 19,521,000,000 yen

Shareholder Benefit Program

No shareholder benefit program is currently offered.

Official Account