Dividend Policy

Basic policy on profit distribution, and dividends for this term and next term

The company has positioned dividends as an important issue in management and has a basic policy of returning profits continuously and stably in consideration of its financial situation and earnings trend.
 
The company will enhance opportunities for returns by paying dividends of surplus funds twice a year as an interim dividend and as a term-end dividend. In addition to investments aimed at the sustainable growth of existing business, we will use retained earnings for growth investment in new areas where market expansion is expected. Further, we consider the acquisition of treasury stock to be one of the measures for returning profits to shareholders and will consider the flexible implementation of such measures in accordance with the market environment.

 

1.Dividend for the fiscal year ended March 2026

Based on the above policy, we are planning to pay a dividend of 55 yen per share as the term-end dividend for the current term. We are planning to pay an annual dividend of 105 yen per share, with an interim dividend of 50 yen per share and a term-end dividend of 55 yen per share.

 

2.Dividend for the fiscal year ending March 2027

Also, with regard to dividends next term, we are planning to enhance the interim dividend and pay an annual dividend of 110 yen per share, with an interim dividend of 55 yen per share and a term-end dividend of 55 yen per share.

 

*This forecast is based on information available as of May 13, 2026, and there may be differences between this forecast and the actual dividend due to various later factors.

Changes in Dividends

FY2022 FY2023 FY2024 FY2025 FY2026 FY2027
(Expected)
Dividend Per Share(yen) 1Q ------
2Q 30.0030.0032.0045.0050.0055.00
3Q ------
FY-End 30.0032.0032.0045.0055.0055.00
Total 60.0062.0064.0090.00105.00110.00
Amount of Dividends(million yen) 5,7065,8015,9898,1359,240-
Payout Ratio(%) 33.730.6139.733.229.037.8
Ratio of Total Amount of Dividends to Net Assets(%) 4.44.24.25.65.8-
  • On April 1, 2021, the company implemented a stock split of five shares per ordinary share.
    Annual dividends are presented retroactively for the prior years.

Share Buyback

Period of Acquisition

Method of Acquisition

Total Number of Shares Acquired

Total Amount Paid for Acquisition

May 14, 2026 to May 31, 2026 

Market purchase on the Tokyo Stock Exchange

242,700 shares

835,919,094 yen

May 14, 2026 to May 31, 2026 total

Market purchase on the Tokyo Stock Exchange

 242,700 shares

835,919,094 yen

 

 

Previous Share Buyback

Period of Acquisition

Method of Acquisition

Total Number of Shares Acquired

Total Amount Paid for Acquisition

May 14, 2021
to August 31, 2021

Market purchase on the Tokyo Stock Exchange

1,038,100 shares

1,999,894,567 yen

May 13, 2022
to October 31, 2022

Market purchase on the Tokyo Stock Exchange

1,639,000 shares

2,999,813,881 yen

May 10, 2024
to January 31, 2025

Market purchase on the Tokyo Stock Exchange

3,669,700 shares

9,999,876,170  yen

July 1, 2025 to

February 27, 2026

Market purchase on the Tokyo Stock Exchange

 2,718,400 shares

7,999,977,567  yen