Return to Shareholders (Dividends, etc.)

Basic Policies Regarding Distribution of Profits and Dividends

In its Medium-Term Management Plan 2030, which begins in the fiscal year ending March 31, 2026, the Company has adopted a basic policy on shareholder returns of increasing earnings per share through sustainable profit growth and enhancing shareholder returns accordingly.
As a specific return policy, the Company aims to maintain a dividend payout ratio of 35% or more through the fiscal year ending March 31, 2028, and to continue its policy of progressive dividends.
The Company pays dividends of surplus twice a year, consisting of an interim dividend and a year-end dividend. The interim dividend is determined by the Board of Directors, while the year-end dividend is subject to approval by the General Meeting of Shareholders.
For the fiscal year ended March 31, 2025, the Company has decided to pay a dividend of ¥36.5 per share, including an interim dividend of ¥17.0 per share.
Internal reserves will be used primarily as investment capital for future business development plans, with the goal of enhancing corporate value.

Changes to Dividend per Share

There were no stock splits during above period.

Acquisition of Treasury Stock, etc.

Fiscal 2024