Shareholder Returns

Basic Policy on Shareholder Returns

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 have set a medium-term target payout ratio of at lease 40% and will also flexibly acquire Company’s stock in an effort to improve shareholder value.

Trend in Dividends per Share

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 Fiscal Year 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
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2022
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 EPS (yen) 69.17 118.63 130.91 120.16 175.48 193.06 186.53 205.79 181.18 200.62 217.31
Dividends per share

Interim
(yen)

12.00 20.00 25.00 27.00 32.00 37.00 39.00 40.00 45.00 43.00 Average dividend payout ratio of at least 40% over the medium term
Year-end
(yen)
16.00 23.00 25.00 27.00 32.00 40.00 40.00 41.00 39.00 43.00
Dividend payout ratio 40.5% 36.2% 38.2% 44.9% 36.5% 39.9% 42.4% 39.4% 46.4% 42.9%


Status of Share Repurchases

(As of January 31, 2021)

Acquisition period Aggregate number of shares acquired Aggregate amount of acquisition
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
FY2017 (Fiscal Year Ended Jan. 31, 2018) - shares - yen

Status of Cancellation of Treasury Stock

(As of January 31, 2021)

Cancellation period

Number of shares cancelled

Ratio to total number of shares issued

before the cancellation

FY2020 (Fiscal Year Ended Jan. 31, 2021)

6,000,000 shares

0.87%
FY2019 (Fiscal Year Ended Jan. 31, 2020) - shares

-%

FY2018 (Fiscal Year Ended Jan. 31, 2019) - shares -%
FY2017 (Fiscal Year Ended Jan. 31, 2018) 19,000,000 shares 2.68%