Basic Policy on Shareholder Returns
We recognize the importance of providing appropriate shareholder returns. Our basic policy is to distribute dividends from surplus in an appropriate manner, taking into consideration the balance between retained earnings and dividend payments.
In order to respond to changes in the business environment, our policy is to provide a stable and continuous return of profits to shareholders with a dividend payout ratio of approximately 30%, taking into consideration the strengthening of the corporate structure and the future business environment. In addition to our regular dividend policy, we also plan to pay special dividends to celebrate our anniversary and other events, taking into consideration our business performance and financial position.
The Company’s basic policy is to pay dividends from surplus once a year as a year-end dividend. The decision-making body for dividends is the General Meeting of Shareholders. The Company’s Articles of Incorporation stipulate that “the Company may, by resolution of the Board of Directors, pay an interim dividend, with December 31 as the record date of each year.”
Shareholder Benefits
We have no shareholder benefit plan.
Our basic policy is to return profits to shareholders through dividends.
