Investors

Dividends

Dividend Transition per Share

Dvidend Policy

As an indicator of shareholder return, the Company will adopt DOE (dividend on equity ratio) to ensure stable and continuous returns to shareholders over the medium to long term, with a target of 3%. This policy started in FY2024, and will be in effect for four years in principle, and will be reviewed as necessary at the timing of the Mid-Term Management Plan 2030 starting in FY2028.

* Even during this period, it may be reviewed if unexpected circumstances such as a major economic crisis occur.
* As in the past, the Company will make a comprehensive decision on the repurchase of treasury shares, taking into account comparisons with other investment projects, capital efficiency, and financial conditions.

Share Buybacks (2019-2025)

Buyback period Total number of shares repurchased Total amount
May 2, 2022 - June 17, 2022 1,791,200 shares 2,499,959,683 yen
July 1, 2019 - March 31, 2020 1,727,500 shares 3,206,101,600 yen
January 30, 2019 - June 28, 2019 12,684,800 shares 28,399,890,945 yen

Stock Split

We have not implemented a stock split in the past five years.

Shareholder incentives

Not applicable.

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