Latest Update : May 9, 2018
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
No stock splits have during the past ten years.
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.
|Period of Share Buyback||Method of Repurchase||Aggregate Number of Shares Repurchased
(Thousand of shares)
|Aggregate Amount of Repurchase
(Thousand of yen)
|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.