With October 1, 2016 as the effective date, we implemented a reverse stock split at a ratio of 1 share for every 10 shares of common stock. The dividends for the fiscal year ended March 31, 2017 and thereafter, as shown below, reflect the share consolidation.
As of June 25, 2025
(Yen)
2017/3 | 2018/3 | 2019/3 | 2020/3 | 2021/3 | 2022/3 | 2023/3 | 2024/3 | 2025/3 | 2026/3 (projections) |
|
---|---|---|---|---|---|---|---|---|---|---|
Annual dividend per share | 50.00 | 50.00 | 50.00 | 50.00 | 20.00 | 30.00 | 20.00 | 30.00 | 45.00 | 50.00 |
Interim | 20.00 | 20.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Year-end | 30.00 | 30.00 | 50.00 | 50.00 | 20.00 | 30.00 | 20.00 | 30.00 | 45.00 | 50.00 |
The Company regards the return of profits to shareholders as one of its most important management policies.
In terms of dividends, while maintaining the continuity of stable dividends as a basic policy, we will determine the dividend amount by comprehensively considering the cash flow situation based on business performance and investments necessary for future growth (capital investment, research and development investment, human capital investment) and the level of retained earnings. We will continue to strive to enhance shareholder returns while strengthening our financial base.
No share buybacks have been made within the past five years.
No stock splits have occurred in the past five years.