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.
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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.