Dividend Policy

To achieve sustained growth in corporate value over the medium to long term, the Company recognizes the importance of pursuing upfront investments in services and capital expenditures for future growth, as well as rewarding the shareholders through profit distribution.  Guided by the above policy, in the earnings results briefing held in November 2024, the Company announced its shareholder return policy of aiming for a cumulative total payout ratio of 70% or more in the five years from FY2025. After comprehensively considering factors such as this shareholder return policy and the favorable progression of recent performance, the Company has decided to revise the year-end dividend forecast for the fiscal year ending March 31, 2025 to JPY7.00 per share, increasing the amount by JPY1.44 per share.

Dividend Trends

End of Interim Fiscal Year End
FY2024 - 7.00 yen
FY2023 - 5.56 yen
FY2022 - 5.56 yen
FY2021 - 5.81 yen
FY2020 - 5.56 yen
FY2019 - 8.86 yen
FY2018 - 8.86 yen
FY2017 - 8.86 yen
FY2016 - 8.86 yen
FY2015 - 8.86 yen
FY2014 - 8.86 yen
FY2013 - 4.43 yen
FY2012 - 4.01 yen
FY2011 - 3.47 yen
FY2010 - 3.18 yen
FY2009 - 2.88 yen
FY2008 - 1.30 yen
FY2007 - 1.04 yen
FY2006 - 0.96 yen
FY2005 - 0.78 yen
FY2004 - 0.60 yen

Purchase of Own Shares

Purchase Period Total number of shares acquired (1,000 shares) Purchase Price (Millions of yen)
August 2024~September 2024 386,598(5.06%) 150,000
December 2021- January 2022 103,000(1.35%) 68,289
May 2019 -June 2019 1,834,377 (35.6%) 526,466
July 2018 - August 2018 611,111 (10.7%) 220,000
August 2014 450 (0.01%) 198
October 2013 - January 2014 57,240 (1.0%) 29,999
February 2013 - March 2013 516 (0.9%) 19,999
March 2009 1,185 (2.0%) 30,027
June 2008 - July 2008 1,210 (2.0%) 51,639