Investor Relations

Dividend Information

Dividend Policy

We aim to achieve a consolidated DOE ratio of 6% as our primary KPI for dividends, ensuring stable and progressive dividends payments from the profits and funds generated by each business. This will be done while considering cash flow, maintaining a strong financial base over the medium to long-term, and other relevant factors.
Additionally, share repurchase will be positioned as “strategic investment in the Group” and implemented actively and flexibly.

Dividends per Share and Payout Ratio (Consolidated)

  Interim
dividends (yen)
Year-end
dividends (yen)
Annual
dividends (yen)
Dividend
payout ratio (%)
FY2025
(Initial forecast)
62 63 125 129.1
FY2024 62 63 125 257.2
FY2023 62 63 125 -
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