Shareholder Returns

Shareholder Return Policy

• We consider it as one of our most important management policies to increase corporate value and return profits to shareholders.
• Regarding dividends, our basic policy is to continue paying stable dividends in line with business performance, comprehensively taking into account factors such as business performance trends, financial conditions, and the maintenance of sufficient internal reserves necessary for future business development.
• We will flexibly acquire treasury stock and provide shareholder returns with consideration given to the total payout ratio.
• In the medium-term business plan “Vision 2030 Stage I,” we aim for a consolidated dividend payout ratio of 30% toward the final year (FY2023).

Trends in total shareholder returns

Dividend status

*You can see the entire image in the figure by scrolling horizontally.

Status of treasury stock acquisition

Acquisition period	Acquired stocks (shares)	Acquisition amount (million yen)
November 11, 2022–March 23, 2023	1,859,500	1,999