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
| Fiscal Year | Dividend (Yen) | Payout Ratio |
|---|---|---|
| FY2017 | 24Yen | 23.7% |
| FY2016 | 20Yen | 22.3% |
| FY2015 | 18Yen | 22.2% |
| FY2014 | 13Yen | 20.8% |
| FY2013 | 9Yen | 27.3% |