The Company regards the distribution of profits to shareholders, in the form of dividend payments, as a matter of the highest priority. Management has targeted a payout ratio of about 40% (consolidated basis). The Company's fundamental policy is one of stable, long-term distribution of dividends to shareholders in line with the growth of operations.
In addition, the Company has not introduced a shareholder benefit plan.
|Full-year dividend per share(yen)||106.00||110.00||112.00||112.00||144.00||40.00||－|
|Interim dividend per share(yen)||53.00||55.00||56.00||56.00||63.50||20.00||－|
The Company conducted a 4-for-1 share split of its common shares on March 1, 2019. For the fiscal period ending February 28, 2020, the dividend after the stock split is stated.
|Repurchase period||Method of acquisition||Total number of shares repurchased||Total amount*|
|February 23, 2018||Over the counter||135,357 shares||1.1 billion yen|
|From May 22, 2006 to August 7, 2006||Purchase on the TSE||5,000,000 shares||16.4 billion yen|
Amounts less than 100 million JPY are rounded off.