Investor Relations
Dividends
The Company's basic policy for returning profits to shareholders is to pay dividends linked to business performance, along with medium- and long-term increases in share value based on business growth.
We aim to enhance medium- to long-term shareholder value through business growth while striving to stabilize our earnings to ensure consistent dividend payments linked to business performance, with a payout ratio of at least 65%.
| Annual dividends per share (yen) | Payout ratio (%) | |
|---|---|---|
| 2018 | 52.50 | 59.2 |
| 2019 | 65.00 | 62.4 |
| 2020 | 81.00 | 50.9 |
| 2021 | 68.00 | 50.3 |
| 2022 | 50.00 | 51.9 |
| 2023 | 0.00 | - |
| 2024 | 57.00 | 50.8 |
| 2025（Forecast） | 67.00 | 65.9 |
The stock split of which the effective date is April 1, 2019 is taken into consideration.