Shareholder Returns, Dividends
We aim to balance active investment to sustain high growth with shareholder returns in line with profitability growth. Our basic shareholder return policy emphasizes continuous and stable dividend distribution as well as performance-based returns. In line with this policy, we aim to implement progressive dividends with a consolidated dividend payout ratio of approximately 40%, starting from fiscal year ended March 31, 2026.
| Dividends (Annual) [Yen] Retroactively converted to basis following April 1, 2024, stock split |
Dividend payout ratio (consolidated) [%] |
|
|---|---|---|
| Fiscal year ended March 31, 2026 |
38 | 67.3％ |
| Fiscal year ended March 31, 2025 |
32 | 37.4％ |
| Fiscal year ended March 31, 2024 |
28 | 35.4％ |
| Fiscal year ended March 31, 2023 |
27.3 | 37.5% |
| Fiscal year ended March 31, 2022 |
25.3 | 36.0% |
| Fiscal year ended March 31, 2021 |
24 | 47.1% |
| Fiscal year ended March 31, 2020 |
24 | 43.1% |
| Fiscal year ended March 31, 2019 |
23.3 | 35.4% |
| Fiscal year ended March 31, 2018 |
22 | 35.1% |
| Fiscal year ended March 31, 2017 |
19.3 | 29.7% |
| Fiscal year ended March 31, 2016 |
17.3 | 27.5% |
| Fiscal year ended March 31, 2015 |
12.6 | 29.6% |
| Fiscal year ended March 31, 2014 |
9 | 27.1% |
| Fiscal year ended March 31, 2013 |
6.6 | 29.1% |
| Fiscal year ended March 31, 2012 |
5.6 | 29.1% |
| Fiscal year ended March 31, 2011 |
5 | 27.0% |
| Fiscal year ended March 31, 2010 |
4.6 | 29.4% |
| Fiscal year ended March 31, 2009 |
4.1 | 31.9% |
- *Two-for-one stock split conducted on April 1, 2011
- *Two-for-one stock split conducted on April 1, 2014
- *Three-for-one stock split conducted on April 1, 2024
Share Repurchase
| Period for repurchase | Total number of shares to be repurchased | Aggregate repurchase amount (thousand yen) |
|---|---|---|
| Mar. 6, 2026 – Sep. 18, 2026 | Up to 30,000,000 | Up to 30,000,000 |