The Company's basic policy on the determination of dividends from retained earnings, etc. is to provide stable and continuous returns to shareholders while comprehensively taking into consideration the need to secure the internal reserves necessary for future growth and the status of cash flows.
Under the Medium-Term Business Strategy CS B2024 ending in FY2024, while making prior investments for the future, we will set the minimum annual dividend at 68 yen per share and consider additional shareholder returns, including an increase in the dividend level, depending on performance and other factors. In addition, the Company will flexibly conduct share repurchases.
For the fiscal year ended March 31, 2022, we determined to pay a year-end dividend of 34 yen per share, which, together with the 2nd quarter interim dividend (30 yen per share) already paid, results in an annual dividend of 64 yen per share, an increase of 4 yen from the fiscal year ended March 31, 2021. In order to enhance shareholder returns and capital efficiency, as well as to implement flexible capital policies, the Company is conducting share repurchases of up to 10 billion yen. (Period of repurchase: Feb. 2-Jul. 29, 2022)
|Interim dividend(JPY)||Year-end dividend(JPY)||Annual dividend(JPY)|