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Dividend Information
Acquisition of Treasury Stock
| Acquisition period (contractual basis) | Total number of shares acquired | Total acquisition price |
|---|---|---|
| December 2022 | 48 | \13,008 |
| August 13, 2018 to September 3, 2018 | 700,000 | \384,432,700 |
| April 15, 2016 to October 14, 2016 | 1,395,600 | \51,064,600 |
| June 2012 | 9,600 | \77,000 |
(Note 1)
Acquisition of treasury stock are translated based on the impact of the following six stock splits.
A 4-for-1 stock split for common shares as of February 9, 2013
A 2-for-1 stock split for common shares as of January 3, 2014
A 2-for-1 stock split for common shares as of June 1, 2015
A 2-for-1 stock split for common shares as of April 1, 2017
A 2-for-1 stock split for common shares as of November 6, 2017
A 3-for-1 stock split for common shares as of February 15, 2018
(Note 2)
The acquisition in June 2012 and December 2022 is the acquisition of common stock pursuant to Article 155, Paragraph 7 of the Companies Act. (purchase of shares less than one unit. )
Dividend Policy
The Company recognizes that the return of profits to shareholders is an important management issue and operates on a basic policy of working to return profits to shareholders by paying dividends, comprehensively taking into consideration business investments, cash flow conditions, and other factors.
As for dividends, the Company pays out continuous and stable cash dividends, in principle, with a target consolidated dividend payout ratio of approximately 30%, while securing internal reserves to accommodate future business development and changes in the management environment, and plans to increase dividends commensurate with improvements in business performance.
Internal reserves will be effectively used in strengthening the business foundation and further business expansion.
The Company’s basic policy is to distribute surplus twice a year as interim dividends and year-end dividends. Decision-making bodies for the distribution of surplus are the General Meeting of Shareholders for year-end dividends and the Board of Directors for interim dividends.
Changes in Dividend per Share and Payout Ratio
■Dividend payout ratio
■■Interim Dividend
■■Year-end Dividend
The Company plans to pay an interim dividend and a year-end dividend, respectively, for the year ending February 28, 2026. However, as the Company is currently preparing a medium-term management plan beginning from the fiscal year ending February 28, 2026 and a policy of returns to shareholders based on this plan (hereinafter the “Medium-term Plan, etc.”), the specific amount of dividends is not yet determined. It will be announced by about the end of July 2025 alongside the Medium-term Plan, etc.
(Note)
Cash dividends per share are translated based on the impact of the following six stock splits. (Fractions less than one sen are rounded up.)
A 4-for-1 stock split for common shares as of February 9, 2013
A 2-for-1 stock split for common shares as of January 3, 2014
A 2-for-1 stock split for common shares as of June 1, 2015
A 2-for-1 stock split for common shares as of April 1, 2017
A 2-for-1 stock split for common shares as of November 6, 2017
A 3-for-1 stock split for common shares as of February 15, 2018