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Dividends

Dividends Policy

(Updated on February 13, 2026: The phrase "within the next 2-3 years" was removed from the dividend policy dated July 31, 2024.)

・For annual dividends, the Company aims to enhance dividends with a target DOE (Dividend on Equity) of approximately 3.0% and will continue to consider further improvement in DOE thereafter.

・The Company adopts a progressive dividend policy for annual dividends, aiming to maintain or increase dividends through profit growth.

Dividends Status

Dividend per share (Yen) Dividend payout ratio Dividend on equity ratio
Interim Term-end Full-year (%) (%)
FY12/2026 (forecast) 35 35(plan) 70(plan) 29.3(plan) 3.0(plan)
FY12/2025 30 30 60 39.9 2.8
FY12/2024 25 27 52 29.9 2.5
FY12/2023 16 16 32 29.9 1.7
FY12/2022 11 19 30 22.4 1.7
FY12/2021 8 14 22 13.3 1.4