Dividend

One of the priorities in the management of the Company is to return profits to our shareowners. Our basic policy to shareowner return is to maintain stable returns while maintaining sufficient internal reserves for sustainable growth and adapting to the changes in the business environment.

The Company’s basic system on dividends of surplus is to pay interim dividends with a record date of September 30 and year-end dividends with a record date of March 31 every year. Additionally, the Company’s articles of incorporation stipulates that it may pay extra dividends on dates of its choosing. The articles of incorporation also stipulates that matters prescribed in the items of Article 459, Paragraph 1 of the Companies Act may be determined by resolution of the Board of Directors, without a resolution of a shareholder's meeting, unless otherwise specified in laws and regulations.

According to the basic policy, the Company will work to continue increasing dividends steadily. The Company will effectively use its internal reserves to actively invest in expanding the foundation of the business and increase its financial strength, thereby achieving stable and continuous growth.

The following is the dividends paid by the Company since its listing in December 2019.

Per-share Dividend

Payout

 

Interim

Year-end

Total

FY2018

JPY 24.9

JPY 24.9

JPY 49.8

48.3%

FY2019

JPY 24.9

JPY 24.9

JPY 49.8

71.3%

FY2020

JPY 24.9

JPY 24.9

JPY 49.8

n.a.

FY2021

JPY 10.0

JPY 10.0

JPY 20.0

n.a.

FY2022

JPY 10.0

JPY 20.0

JPY 30.0

45.9%

FY2023

JPY 25.0

 

※Payout of FY2019 and FY2020 was void because its bottom line incurred loss.

※Year-end dividend of FY2023 is scheduled in public in May 2024.

Stock Information

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