|
|
 |
This slide shows our basic approach regarding the return of profits to shareholders.
Our basic policy is to determine the distribution of profits targeting a payout ratio of 25% or more while maintaining a stable dividend policy. In the fiscal year ended March 31, 2017, net profit totaled ¥31.5 billion. Based on this profit achievement, the Company plans to pay total annual dividends of ¥13.0 per share as planned for the year, with a dividend payout ratio of 25.1%.
For the fiscal year ending March 31, 2018, the Company plans to pay annual dividends of ¥14.5 per share, up ¥1.5 per share over the previous year, representing an increase for five fiscal years in a row along with growth in operating profit. Consequently, the payout ratio for the year will be 25.6%.
|
|
|
