Basic policy regarding profit distribution
Our basic policy regarding profit distribution is to return profits to shareholders in proportion to the consolidated business results while building up retained earnings for future business development and strengthening our corporate structure. Retained earnings will be allocated to investment into new business undertakings and the development of new technologies/products for longterm business development, and thus we are committed to strengthening our corporate structure and global competitiveness. So far, we have maintained a stance that the profit return index based on consolidated business results be targeted at a payout ratio to 30 to 35% as a guide in an effort to enrich profit return to shareholders. However, the decisions are to be made with carefulconsideration for stable continued dividends.
Dividend per share
| 2014/03 | 2015/03 | 2016/03 | 2017/03 | 2018/03 | 2019/03 （Expected） |
||
|---|---|---|---|---|---|---|---|
| Dividend Per Share(Yen) | 1Q | - | - | - | - | - | - |
| 2Q | 0.00 | 10.00 | 10.00 | 10.00 | 20.00 | 20.00 | |
| 3Q | - | - | - | - | - | - | |
| FY-End | 20.00 | 30.00 | 50.00 | 70.00 | 60.00 | 70.00 | |
| Total | 20.00 | 40.00 | 60.00 | 80.00 | 80.00 | 90.00 | |
| Amount of Dividends(Millions of Yen) | 473 | 947 | 1,421 | 1,885 | 1,884 | - | |
| Payout Ratio(%) | 24.8 | 40.2 | 83.6 | 26.3 | 34.2 | 31.1 | |
| Ratio of Total Amount of Dividends to Net Assets(%) | 0.5 | 0.9 | 1.4 | 1.9 | 1.8 | - | |