For current and potential shareholders

Shareholder Return

What is the policy on shareholder return?

Maximizing shareholder value is regarded as one of our most important management priorities.

Under the Sixth Mid-Term Management Plan, we aim for an average dividend payout ratio of 40% or more over the medium term. We also seek to enhance shareholder value through timely and flexible repurchases of company stock. In addition, to further stabilize shareholder returns, we have set a minimum annual dividends of ¥110 per share.

Shareholder Return

Trend in dividends per share

Trend in dividends per share