Shareholder Returns

Shareholder Returns of the Sixth Mid-Term Management Plan

Sekisui House regards the maximization of shareholder value as one of the most important management tasks. We therefore strive to increase earnings per share and will also seek to make investment for growth and enhance shareholder returns, taking into comprehensive account the status of profits and cash flows in each fiscal year and future business development, among other factors. We will stay committed to our policy of pursuing the medium-term average dividend payout ratio of at least 40%. Moreover, we aim to further strive for the stabilization of shareholder returns and, to this end, have set a minimum of ¥110 for annual dividends per share. We will also take a flexible approach to repurchases of Company stock to enhance shareholder value.

 Trend in Dividends per Share


 Fiscal Year 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
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 EPS (yen) 130.91 120.16 175.48 193.06 186.53 205.79 181.18 227.37 276.58 295.05
Dividends per share

Interim
(yen)

25.00 27.00 32.00 37.00 39.00 40.00 45.00 43.00 52.00 59.00
Year-end
(yen)
25.00 27.00 32.00 40.00 40.00 41.00 39.00 47.00 58.00 59.00
Dividend payout ratio 38.2% 44.9% 36.5% 39.9% 42.4% 39.4% 46.4% 39.6% 39.8% 40.0%


Status of Share Repurchases

(As of January 31, 2023)

Acquisition period Aggregate number of shares acquired Aggregate amount of acquisition
FY2022 (Fiscal Year Ended Jan. 31, 2023) 12,788,000 shares 29,999,938,368 yen
FY2021 (Fiscal Year Ended Jan. 31, 2022) 6,599,800 shares 14,999,871,850 yen
FY2020 (Fiscal Year Ended Jan. 31, 2021) 2,782,400 shares 4,999,892,700 yen
FY2019 (Fiscal Year Ended Jan. 31, 2020) 5,000,000 shares 9,995,000,000 yen
FY2018 (Fiscal Year Ended Jan. 31, 2019) 2,000,000 shares 3,362,116,800 yen

Status of Cancellation of Treasury Stock

(As of April 26, 2023)

Cancellation period

Number of shares cancelled

Ratio to total number of shares issued

before the cancellation

FY2023 (Fiscal Year Ending Jan. 31, 2024)

22,000,000 shares

3.21%
FY2022 (Fiscal Year Ended Jan. 31, 2023)

- shares

-%
FY2021 (Fiscal Year Ended Jan. 31, 2022) - shares

-%

FY2020 (Fiscal Year Ended Jan. 31, 2021) 6,000,000 shares 0.87%
FY2019 (Fiscal Year Ended Jan. 31, 2020) - shares -%