Dividend/Share Repurchase

Latest Update : May 9, 2018

Dividend

Dividend Policy

Our basic dividend policy gives priority to enhancing equity efficiency and improving returns to our shareholders, with dividends reflecting performance in light of the overall business environment while maintaining stable and continuous distributions of profits.
Based on this basic policy, for the fiscal year ended March 31, 2018, the annual dividend was 26 yen per share (interim dividend of 13 yen and year-end dividend of 13 yen), 12 yen increase compared with the previous fiscal year. Regarding the annual dividends for the fiscal year ending March 31, 2019, we will target the dividend payout of around 20% on a consolidated basis.

Record Date and Date of Dividend Payment

Interim dividend Year-end dividend
Record date (to be eligible to receive a dividend) September 30 March 31
Date of dividend payment December June

Transition of Dividend per Share

Fiscal year (total) Interim dividend Year-end dividend
73rd Business Term ending March 31, 2019 TBD (*1) TBD (*1) TBD (*1)
72nd Business Term ended March 31, 2018 26.0 yen 13.0 yen 13.0 yen
71st Business Term ended March 31, 2017 14.0 yen 7.0 yen 7.0 yen
70th Business Term ended March 31, 2016 20.0 yen 10.0 yen 10.0 yen
69th Business Term ended March 31, 2015 12.0 yen 6.0 yen 6.0 yen
68th Business Term ended March 31, 2014 8.0 yen 3.0 yen 5.0 yen
67th Business Term ended March 31, 2013 7.0 yen 3.0 yen 4.0 yen
66th Business Term ended March 31, 2012 7.0 yen 3.0 yen 4.0 yen
65th Business Term ended March 31, 2011 7.0 yen 3.0 yen 4.0 yen
64th Business Term ended March 31, 2010 7.0 yen 3.0 yen 4.0 yen
  • *1 For the fiscal year ending March 31, 2019, we will decide with a target dividend payout ratio of around 20%.

* The above data is for the past 10 years.

Transition of Dividend per Share and Dividend Payout Ratio

graph : Transition of Dividend per Share

Stock Split

No stock splits have during the past ten years.

Share Repurchase

To make it possible to carry out an agile capital management policy in response to changes in the business environment, we have repurchased our own shares shown below.

Results

Period of Share Buyback Method of Repurchase Aggregate Number of Shares Repurchased
(Thousand of shares)
Aggregate Amount of Repurchase
(Thousand of yen)
Material
Feb.14-Sep.22, 2017 Purchased on the Tokyo Stock Exchange 4,658 8,351,607 Notice regarding Repurchase of Own Shares and Completion of Repurchase
June 17, 2016 Private transaction Convertible bonds worth 20,157 13,896,282 Announcement of Purchase of the Convertible Bonds with Stock Acquisition Rights
May 23-Jun.20, 2011 Purchased on the Tokyo Stock Exchange 5,000 2,008,793 Notice regarding Status and Completion of Repurchase of Own Shares
Feb.3-Feb.8, 2010 Purchased on the Tokyo Stock Exchange 5,000 2,465,904 Notice regarding Result and Completion of Repurchase of Own Shares
Nov.4-Nov.12, 2008 Purchased on the Tokyo Stock Exchange 10,000 3,148,918 Notice regarding Result and Completion of Repurchase of Own Shares

Shareholder Special Benefit Plan

We do not have a shareholder special benefit plan.

Go back to top of this page