Dividend Policy
We, recognizing the distribution of profits to shareholders to be one of the most important matters for corporations and by comprehensively considering the business performance trends, financial standings, internal reserves necessary for investment for future development and other factors, will, for the period up to fiscal 2030, aim at dividend increases backed by continuous profit growth, while maintaining a progressive dividend policy, under which the annual per-share dividend will increase each year or remain at least the same as the previous year. In addition, taking into consideration the financial soundness (the debt-to-equity ratio being 0.5 or less), the total payout ratio is roughly targeted at 50% as a total for the six years.
Dividend amounts and trends
