Stock and Bond Information
Fundamental dividend policy
Under the Medium-term Management Plan 2022 (from the fiscal year ending March 31, 2023 to the fiscal year ending March 31, 2027), the Company’s basic policy on distribution of funds is to achieve both proactive investment and enhanced shareholder returns. For dividends, we have decided on a policy of implementing flexible dividends linked to performance, with a consolidated dividend payout ratio of 30% as our standard. Please see below for the dividend forecast for the current fiscal year.
|Financial Year||Dividend per share||
Total dividend (annual)
Payout ratio (consolidated)
Dividend on equity ratio (consolidated)
※The Company carried out the reverse stock split at a ratio of one share for every five shares of common stock, with an effective date of October 1, 2018.
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