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 (%) |
|
|---|---|---|---|---|
| FY2023 (Initial forecast) |
62 | 63 | 125 | 118.6 |
| FY2022 | 62 | 63 | 125 | 45.4 |
| 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 |