Dividends
Dividend Trends
Fiscal year-end | Fiscal year ended March 31, 2020 | Fiscal year ended March 31, 2021 | Fiscal year ended March 31, 2022 | Fiscal year ended March 31, 2023 | Fiscal year ended March 31, 2024 | |
---|---|---|---|---|---|---|
Annual dividend(yen) | 23 | 26 | 36 | 45 | 55.5 | |
Breakdown | ||||||
Interim(yen) | 11.5 | 13 | 18 | 22.5 | 27.5 | |
Year-end(yen) | 11.5 | 13 | 18 | 22.5 | 28 |
The Company carried out a 2-for-1 stock split of shares of common stock on October 1, 2023. For this reason, the dividends are retrospectively presented in an amount that takes the impact of this stock split into account.
Basic Policy on Profit Distribution
We place top priority on aiming to continuously increase dividends, with the amount being decided only after comprehensively reviewing the need for funds for future business expansion and increasing earnings, as well as the Company’s financial position and business performance for the year.
Based on this policy, we decided to pay a total dividend of 55.5 yen per share for the fiscal year ended March 31, 2024, up 10.5 yen from the prior fiscal year. (The total dividends per share for the fiscal years ended March 31, 2024, and the interim dividend for the fiscal year ended March 31, 2024 are presented in amounts that take into account the impact of the 2-for-1 stock split carried out on October 1, 2023.)
For the fiscal year ending March 31, 2025, we plan to raise the annual dividend by 8.5 yen to 64 yen per share to further enhance our redistribution of profits to shareholders.
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