Our basic policy regarding profit distribution is to return profits to shareholders in accordance with consolidated business performance and to increase internal reserves for future business development and strengthening our corporate structure. Regarding internal reserves, we will allocate them to new business investments and the development of new technologies and products in order to achieve long-term and stable business development, and strive to strengthen our corporate structure and international competitiveness. The indicator for profit return according to consolidated business performance (consolidated dividend payout ratio) is set at 30-35% of net income attributable to parent company shareholders, excluding one-time gains and losses that do not involve changes in cash and deposits. However, the decision will be made after giving due consideration to the continuation of stable dividends.
Regarding the frequency of dividends, our basic policy is to pay dividends from surplus twice a year, an interim dividend and a year-end dividend.
| 2020 March term |
2021 March term |
2022 March term |
2023 March term |
2024 March term |
2025 March period (prediction) |
||
|---|---|---|---|---|---|---|---|
| Annual dividend (yen) | End of first quarter | - | - | - | - | - | - |
| End of second quarter | 40.00 | 0.00 | 0.00 | 20.00 | 30.00 | 30.00 | |
| End of third quarter | - | - | - | - | - | - | |
| the end of the term | 0.00 | 20.00 | 20.00 | 68.00 | 73.00 | 73.00 | |
| total | 40.00 | 20.00 | 20.00 | 88.00 | 103.00 | 103.00 | |
| Total dividend (million yen) | 942 | 466 | 460 | 2,012 | 2,355 | - | |
| Payout ratio (%) | - | 81.0 | 120.4 | 31.8 | 50.3 | 32.7 | |
| Dividend on equity (%) | 0.9 | 0.4 | 0.4 | 1.7 | 1.8 | - | |
