Dividends and perks for shareholders

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Dividends and perks for shareholders

Dividend policy

Our company's dividend policy is designed to soundly strengthen the management base and the financial constitution, and to improve profitability. The key stance in our management policy is returning the profits to shareholders. Retained earnings are used for long-term growth by expanding the existing core businesses and searching for new business opportunities with the aim of further enhancing the corporate value in the future.
(In case special profit or loss effect net income significantly, the dividends amount might be determined excluding that special profit or loss.)

  • Sustainable dividends payment.
  • Maintain a consolidated dividend on equity ratio (DOE) of 1.5%.
  • The dividend propensity for the consolidated current-year net profit is set at 50% in principle, depending on business performance etc..

The dividends on the surplus are decided at the Shareholders Meeting for year-end dividends and at a Board of Directors Meeting for interim dividends.

Dividends on record

(¥)
11/2012 11/2013 11/2014 11/2015 11/2016
Annual 8.50 10.00 12.50 14.50 17.00
Interim 4.25 4.50 6.00 7.00 8.00
Year-end 4.25 5.50 6.50 7.50 9.00

* Following the stock split at 1:2 realized on July 1, 2014 as the effective date, the dividends are entirely based on the number of outstanding shares after the stock split.

Perks for shareholders

No perk for shareholder is available.

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