Shareholder Return / Dividends
Basic Policy on Profit Allocation
Our firm recognizes that one crucial issue for its management is simultaneously securing competitiveness in our business lines and returning profits to our shareholders. Our policy is to return return profits to shareholders through dividends and share buybacks, etc., in accordance with the status of our business performance, while maintaining a balance with internal reserves necessary for launching new businesses and business expansion.
Based on the above basic policy, we aim to maintain a total return ratio at 50%, and a consolidated dividend payout ratio of 30% to 50% in FY2024 and beyond for the foreseeable future.
Status of Dividends
As planned at the beginning of the fiscal year, the midterm dividend for FY2024 will not be paid.
The year-end dividend for FY2024 will be 40 yen per share (+7 yen increase). We will continue to provide shareholder returns, considering the need to balance it with investments necessary for growth.
Change in Dividends (As of October 30, 2024)
| Midterm Dividend （JPY per share） |
Year-End dividend （JPY per share） |
Payout Ratio (Consolidated) |
|
|---|---|---|---|
| 2024 (forecasts) | 00.00 | 40.00 | 42.1％ |
| 2023 (results) | 00.00 | 33.00 | 35.3％ |
| 2022 (results) | 00.00 | 30.00 | 19.9％ |
| 2021 (results) | 00.00 | 25.00 | 18.8％ |
Acquisition of Treasury Stock
| Purchase Period | No. of Shares Purchased | Total Purchase Value | Details |
|---|---|---|---|
| May. 13, 2024 – Aug. 9, 2024 | 163,900 shares | ¥259,846,600 | PDF:134KB |
| Feb. 8, 2023 – Feb. 27, 2023 | 138,900 shares | ¥149,926,000 | PDF:123.3KB |
| Nov. 1, 2021 – Jan. 26, 2022 | 299,500 shares | ¥249,997,600 | PDF:140.3KB |
| Nov. 2, 2020 – Nov. 13, 2020 | 1,600,000 shares | ¥153,650,900 | PDF:141.6KB |
| Jul. 28, 2011 – Nov. 30, 2011 | 717,100 shares | ¥93,428,300 | PDF:87KB |
| Dec. 17, 2010 – Jan. 7, 2011 | 790,000 shares | ¥134,984,100 | PDF:85KB |
As of October 1, 2021, the reverse stock split was carried out at a ratio of one-for-10 shares of common stock.
Disposal of Treasury Stock
| Date of Disposal | No. of Disposed Shares | Total Disposal Value | Details |
|---|---|---|---|
| Aug. 23, 2024 | 17,500 shares | ¥30,100,000 | PDF:129KB |
| Aug. 25, 2023 | 15,000 shares | ¥22,875,000 | PDF:128KB |
| Oct. 28, 2022 | 44,040 shares | ¥54,345,360 | PDF:129KB |
| Aug. 22, 2022 | 16,200 shares | ¥19,990,800 | PDF:124KB |
| Mar. 19, 2021 | 454,400 shares | ¥39,987,200 | PDF:155KB |
| Dec. 19, 2014 | 350,000 shares | ¥106,750,000 | PDF:119KB |
As of October 1, 2021, the reverse stock split was carried out at a ratio of one-for-10 shares of common stock.