Distribution of Profits

Interim Dividend (FY2021.12)
25.00 yen
Effective date September 1, 2021

Basic Policy on the Allocation of Profits

The basic policy of the Company is to continue the stable distribution of profits to shareholders with an emphasis on continual dividends with a dividend payout ratio of around 35% according to the operating results, while considering the necessity of strengthening the management structure and research and development and capital investment for the launch of a new business from a long-term perspective, among other necessities.

Dividend Payout Ratio

(yen)
2016/12
2017/12
2018/12
2019/12
2020/12
Interim
25
25
25
25
25
Year-end
30
25
35
43
25
Annual
55
50
60
68
50
Payout ratio
96.2%
45.7%
35.8%
32.8%
56.3%
* The stock split is not implemented during the period in the above table.

Status of processing and holding of acquired treasury stock

2019/12 Number of treasury shares held

29,554

2020/1~12 Number of treasury shares aqcuired

4,898,037

2020/1~12 Treasured shares

-

2020/12 Number of treasury shares held
4,927,591

Shareholder benefits

There is currently no shareholder special benefit program.