Shareholder Returns/Dividends

Dividend Policy

We intend to keep dividends stable while also comprehensively taking into account earnings performance and cash flows when determining shareholder returns.

We will endeavor to return profits to shareholders based on a target total return ratio of 30 %.

Dividend

Dividend

 

Fiscal Year
Dividend (Yen)
Payout Ratio
interim dividend
year-end dividend
Total
FY2019(Plan) 15 15 30 26.0%
FY2018 13 15 28 25.4%
FY2017 11 13 24 23.7%
FY2016 10 10 20 22.3%
FY2015 9 9 18 22.2%

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