Shareholder Return

Return Policy

The policy of the Company is to continuously and stably distribute dividends, while working to strengthen financial position and the management base through growth investment, R&D investment and capital investment in order to enhance the long-term shareholder's value.

Fluctuations in Dividends

(JPY)
Dividend Dividend per share (annual) Interim dividend
(paid in December of relevant year)
Year-end dividend
(paid in June of following year)
Dividend payout (consolidated) (%)
2019 12.0 0.0 12.0 92.0
2020 12.0 0.0 12.0 47.5
2021 12.0 0.0 12.0 25.6
2022 18.0 0.0 18.0 19.5
2023 23.0 0.0 23.0 20.4

Acquisition of Treasury Shares

Not planned at present.

Special Benefit for Shareholders

Not planned at present.