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 |