Investor Relations
Investor Relations

Distribution of Profits

Year-end Dividend (FY2025)
26.25 yen
Effective date March 30, 2026

Basic Policy on the Allocation of Profits

The basic policy of the Company is to pay dividends with a payout ratio of approximately 40% by taking into account R&D and capital investment in an effort to strengthen its management structure and develop new businesses based on a long-term view, and by endeavoring to allocate profits based on business performance.
The Company will focus on continuous profit allocation to shareholders in a stable manner, and the minimum annual dividend per share will be 20 yen.
In addition to dividends, the Company will also carry out flexible share buybacks with a total return ratio of approximately 60% in order to further enhance the shareholder returns.

Dividend Payout Ratio

(yen)
2021/12

2022/12

2023/12
2024/12
2025/12
Interim
3.125
3.75
4.375
8.75
10.0
Year-end
7.125

11.25

16.875
26.25
26.3
Annual
10.25

15.0

21.25
35.0
36.25
Payout ratio
33.0
30.0
32.9
39.8
49.8
* 2022/12:Including ¥0.625 of commemorative dividend in year-end dividend.
* The Company conducted a stock split of common shares at a ratio of two shares for each share effective July 1, 2024, and a further stock split at a ratio of four shares for each share effective July 1, 2025. Cash Dividends in the above table are amounts after the stock split.

Status of Treasury Share Acquisitions, Cancellations, and Holdings

Dec. 31, 2023
18,066,632
2024 Acquired
2,486,232
2024 Cancelled
3,548,400
Dec. 31, 2024
17,004,464
2025 Acquired
4,000,183
2025 Cancelled
13,227,200
Dec. 31, 2025
7,777,447
* The Company conducted a stock split of common shares at a ratio of two shares for each share effective July 1, 2024, and a further stock split at a ratio of four shares for each share effective July 1, 2025. The number of treasury shares above is the number after the stock split.

Shareholder benefits

There is currently no shareholder special benefit program.