Investor Relations

Dividend Information

Dividend Policy

H.U. Group views the return of capital to shareholders as one of its key management priorities.

We accordingly target a consolidated dividend on equity (DOE) ratio, our main key performance indicator for dividends, targeted at the 6% range and furthermore make decisions on dividends upon having comprehensively taken into account factors that include cash flows and the notion of maintaining a sound financial footing over the medium to long term.

Dividends per Share and Payout Ratio (Consolidated)

Interim dividends (yen) Year-end dividends (yen) Annual dividends (yen) Dividend payout ratio (%)
FY2022 62
(forecast)
63
(forecast)
125
(forecast)
56.9
(forecast)
FY2021 62 63 125 24.1
FY2020 50 Ordinary : 75
Commemorative: 19
144 47.1
FY2019 65 65 130 -
FY2018 65 65 130 116.1
FY2017 65 65 130 2,882.5
FY2016 57 57 114 1,952.1
FY2015 55 55 110 -
FY2014 46 46 92 33.5
FY2013 43 43 86 32.9