The Company places utmost priority on continuously increasing dividends, based on the concept of progressive dividend payment, with the total dividend determined by comprehensively considering the funding needs for future business expansion and earnings growth, as well as the Company’s financial standings and business performance for the fiscal year under review.
Additionally, we will flexibly carry out share repurchase^*, with 70% in total payout ratio as a guideline, by taking into account the market environment, cash flow, etc.

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.

*The Company is planning share repurchase more ￥100 billion by fiscal year 2030.