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

The year-end dividend for FY2024 has been approved at 50 yen per share (consolidated dividend payout ratio: 106.7%) by resolution at the 29th Annual General Meeting of Shareholders.

The dividend for FY2025 is planned to be 50 yen per share (consolidated payout ratio: 41.9%) as a year-end dividend.

We will continue to provide shareholder returns, considering the need to balance it with investments necessary for growth.