SHAREHOLDER RETURNS (DIVIDENDS,SHAREHOLDER BENEFITS SYSTEM AND SHARE BUYBACKS) Shareholder Returns (Dividends,Shareholder Benefits System and Share Buybacks)
Dividend Policy
- Maintain stable dividends while returning profits to shareholders based on consolidated earnings from a medium- to long-term perspective after taking into consideration the balance between proactive business development for sustainable growth and enhancement of corporate value, and financial soundness to prepare for various risks.
- Aiming to pay continuous and stable dividends, we will pay annual dividends of 4.0% or more of DOE (consolidated dividend on Shareholders' equity ratio).
- Flexibly acquire its treasury shares depending on timing and the financial situation in order to enhance shareholder returns and capital efficiency.
- Note: No stock consolidations or stock splits have been performed.
Dividend Trends
Shareholder Benefits System
Objective of the shareholder benefits system
We are grateful for the support of our shareholders and aim to have more people develop a deeper understanding of our business. To that end, to enhance our company’s name recognition, make investing in our stock more attractive, and encourage long-term ownership of our shares, we are introducing a shareholder benefits system.
Overview of the shareholder benefits system
Eligible shareholders
Shareholders who own at least 100 shares (1 share unit) and are registered or recorded in our shareholder registry as of the end of March of each year.
Shareholder benefits(From the end of March,2026)
Eligible shareholders will receive Digital Gift for the amounts listed below based on the number of shares owned.
| Shares owned | Benefit Item (Digital Gift) |
|---|---|
| 100 - 200 shares | 2,000 yen worth |
| 200 - 400 shares | 5,000 yen worth |
| 400 - 800 shares | 10,000 yen worth |
| 800 + shares | 20,000 yen worth |
When to provide and how to select benefit items
With the base date set at the end of March, the Company will send a shareholder newsletter after the Ordinary
General Meeting of Shareholders with the "Information on Shareholder Benefits", and benefits will be provided once a year.
Please select the items you want on the website in accordance with the "Information on Shareholder Benefits",and
proceed with the receipt process. Please ensure the receipt process is completed within the selection period, since it
cannot be completed after the selection period.
(1)Eligible digital gift exchange options are as follows. These options may be subject to change in the future
PayPay points, d points, auPAY gift card, Rakuten points, Amazon gift card, GiftPremo Plus, Seven Bank, Edygift, nanaco gift, Ponta points, FamiPay, Apple Gift Card, Google Play gift code, QUO card Pay, V points, Kyash,V money, Visa e-gift, WAON point ID, G points, JAL Pay points, Nippon Foundation, Japanese Red Cross
(2)For example, you can choose 1,000 yen for an Amazon gift card, and 1,000 yen for a QUO card Pay.
(3)With this change, the QUO card that we used to provide will be discontinued.
Treasury Stock Buyback Status
| Buyback Period | Method | Total Number of Shares Bought Back | Total Buyback Value |
|---|---|---|---|
| May 9 - August 3, 2023 | Market purchase on the Tokyo Stock Exchange | 445,100 shares | ¥999,943,300 |
| November 1 - December 31, 2021 | Market purchase on the Tokyo Stock Exchange | 363,000 shares | ¥599,835,100 |
| October 31, 2019 - January 31, 2020 | Market purchase on the Tokyo Stock Exchange | 266,100 shares | ¥299,955,100 |