Dividends

Dividend Policy

We have based our dividend policy to retain earnings in order to consolidate our management base, expand our business and to issue stable and continuous dividends. At the same time, the company will also comprehensively take into consideration business performance, business environment, financial standing and others in order to make the decision.

Dividends per share (Unit: Yen)

FY2013
(For the Year Ended March, 2014)		 FY2014
(For the Year Ended March, 2015)		 FY2015
(For the Year Ended March, 2016)		 FY2016
(For the Year Ended March, 2017)		 FY2017
(For the Year Ended February, 2018)
Annual Dividends
per Share		 12.0 20.0
(Ordinary dividends 18.0) (Commemorative dividends for the Company’s centenary 2.0)		 20.0 20.0 (Forecast)
40.0
Interim
Dividends		 6.0 8.0 10.0 10.0 20.0
Year-end
Dividends		 6.0 12.0
(Ordinary dividends 10.0) (Commemorative dividends for the Company’s centenary 2.0)		 10.0 10.0 (Forecast)
20.0

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 : September 20

Annual Dividend per Share

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