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.
Status of Dividends
In FY2021, we have decided to pay a year-end dividend of 25 yen per share (consolidated payout ratio: 18.8%), taking into consideration the business results, business environment, financial position, and other factors. In addition, we acquired treasury shares (totaling approximately 250 million yen) during the current fiscal year, the consolidated total return ratio became to 42.9%.
Regarding dividends for the next fiscal year are expected to be 30 yen per share (consolidated payout ratio: 21.0%). We will continue to provide shareholder returns, considering the need to balance it with investments necessary for growth.
Change in Dividends (As of June 24, 2022)
| Dividends per Share | Dividend Ratio (Consolidated) |
|||
|---|---|---|---|---|
| Midterm Dividend （JPY） |
Year-End Dividend （JPY） |
Annual Dividend （JPY） |
||
| 2020 | 0.00 | 0.00 | 0.00 | - |
| 2021 | 0.00 | 25.00 | 25.00 | 18.8％ |
| 2022 | 0.00 | 30.00 (planned) |
30.00 (planned) |
21.0％ |
Acquisition of Treasury Stock
| Purchase Period | No. of Shares Purchased | Total Purchase Value | Details |
|---|---|---|---|
| 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 |
|---|---|---|---|
| Oct. 28, 2022 (planned) | 47,420 shares | ¥58,516,280 | PDF:123KB |
| Aug. 22, 2022 (planned) | 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.