S h a r e h o l d e r R e t u r n s
We consider the return of profits to shareholders to be a pivotal spoke in management of the business, and we endeavor to increase medium- and long-term share value through growth of the business and improvements to capital efficiency. In addition, we offer dividends on a continuous basis and adopt a flexible approach to treasury stock. These and other initiatives form a central pillar in our approach to driving benefits back to shareholders. Dividends are decided based on a comprehensive review of consolidated business performance and standalone financing, among other factors, in order to determine the financial health and liquidity of the business and its future growth potential, as well as considerations to treasury amounts retained.
Annual dividend
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| Fiscal year | Dividends per share |
|---|---|
| FY12/2024（Forecast） | 54JPY (Interim dividend 27JPY, Year-end dividend 27JPY) |
| FY12/2023 | 54JPY (Interim dividend 27JPY, Year-end dividend 27JPY) |
| FY12/2022 | 54JPY (Interim dividend 27JPY, Year-end dividend 27JPY) |
| FY12/2021 | 51JPY (Interim dividend 25JPY, Year-end dividend 26JPY) |
| FY12/2020 | 48JPY (Interim dividend 8JPY, Year-end dividend 25JPY, Commemorative dividend 15JPY) |
| FY12/2019 | 16JPY (Interim dividend 8JPY, Year-end dividend 8JPY) |
| FY9/2018 | 15JPY |
| FY9/2017 | 15JPY |
| FY9/2016 | 10JPY |
| FY9/2015 | 20JPY (Year-end dividend 10JPY, Commemorative dividend 10JPY) |