Investor Relations
Shareholder Returns
Targets for the Medium-Term Business Plan "Vision 2030 StageⅡ" (FY2024–FY2026)
- Consolidated dividend payout ratio 40% or more toward the final year (FY2026)
- DOE(Dividend on Equity) Maintain a DOE of at least 3%
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.
Trends in total shareholder returns
*You can see the entire image in the figure by scrolling horizontally.

Dividend status
*You can see the entire image in the figure by scrolling horizontally.
| FY2021 | FY2022 | FY2023 |
FY2024 | FY2025 | FY2026 (forecast) |
|
|---|---|---|---|---|---|---|
| Interim dividend(yen/share) | ー | ー | ー | ー | 30 | 50 |
| Year-end dividend(yen/share) | 36 | 42 | 70 | 85 | 90 | 80 |
| Annual dividend (yen/share) | 36 | 42 | 70 | 85 | 120 | 130 |
| Total dividend amount (million yen) | 1,438 | 1,601 | 2,673 | 3,252 | 4,644 | 5,032 |
| Dividend payout ratio (%) | 12.3 | 23.9 | 33.4 | 38.6 | 27.6 | 54.7 |
| DOE (%) | 1.7 | 1.7 | 2.7 | 3.1 | 4.0 | 4.1 |
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 |

