Dividend Payments
Shareholder Return Policy
Recognizing returns of profits to shareholders to be a key management topic, the Company has established the basic policy of paying appropriate dividends that reflect financial results while continuing to strengthen and enhance its corporate foundations.
During the period from FY2023 through the end of Phase 2 (FY2023-FY2027) of the SHIFT2030 medium- to long-term business plan, the Company will follow the basic policy and meet shareholder expectations through continued stable, steady increases in dividends (of at least 10 yen/share per year) targeting a consolidated payout ratio of at least 30% and a dividends-on-equity (DOE) ratio of at least 2.5%.
The Company will also carry out flexible purchase and retirement of treasury shares as required, with consideration for the market environment and capital conditions, targeting additional returns to shareholders and improvements in capital efficiency.