Dividends

Dividend Policy

The Company aims at 30%+α payout ratio in 2025 as a basic policy for the purpose of improving and making stable shareholder returns in its long-term business plan, Vision 2025.

Dividends per share (Unit: Yen)

FY2015
(For the Year Ended March, 2016)		 FY2016
(For the Year Ended March, 2017)		 FY2017
(For the Year Ended February, 2018)		 FY2018
(For the Year Ending February, 2019)		 FY2019
(For the Year Ended March, 2020)
Annual Dividends
per Share		 20.0 20.0 40.0 52.0 (Forecast)
52.0
Interim
Dividends		 10.0 10.0 20.0 26.0 (Forecast)
26.0
Year-end
Dividends		 10.0 10.0 20.0 26.0 (Forecast)
26.0
Payout Ratio
(%)		 23.6 26.1 26.8 33.4 (Forecast)
38.9

Record date for payment and payment date are as below.

Year-end dividends Record date for payment : End of February
Interim dividends Record date for payment : August 31

Annual Dividend per Share

Investor Relations

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