Shareholder Return

Return Policy

The policy of the Company is to continuously and stably distribute dividends while strengthening its financial position and management base through growth investment, R&D investment, and capital investment in order to enhance long-term shareholder value, while also striving to achieve 토토사이트 panda increases in line with growth and stable, predictable 토토사이트 panda payments.
Under this policy, the Company targets a 토토사이트 panda payout ratio of approximately 30% and aims to implement a progressive 토토사이트 panda policy, taking into account business performance trends and the balance with growth investments.

Fluctuations in Dividends

(JPY)
토토사이트 panda 토토사이트 panda per share (annual) Interim 토토사이트 panda
(paid in December of relevant year)
Year-end 토토사이트 panda
(paid in June of following year)
토토사이트 panda payout (consolidated) (%)
2019 12.0 0.0 12.0 92.0
2020 12.0 0.0 12.0 47.5
2021 12.0 0.0 12.0 25.6
2022 18.0 0.0 18.0 19.5
2023 23.0 0.0 23.0 20.4
2024 25.0 0.0 25.0 19.0
2025 25.0 0.0 25.0 37.8
2026(forecast) 38.0 0.0 38.0 30.5

Acquisition of Treasury Shares

Not planned at present.

Special Benefit for Shareholders

Not planned at present.