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Returning Profits, Dividends

The Company strives to carry out its operations worldwide from a global perspective and to increase its corporate value. With respect to the redistribution of profits to its shareholders, which we consider to be one of the most important management issues, the Company’s basic policy is to determine such distributions after taking into account, among others, its retained earnings for future growth and consolidated earnings performance based on a long-term perspective. With respect to dividends, the present goal is to realize a return ratio (i.e. the ratio of the total of the dividend payment to consolidated profit for the year attributable to owners of the parent) of approximately 30%. The Company may also acquire its own shares at a timing that it deems optimal, with the goal of improving efficiency of the Company’s capital structure and implementing a flexible capital strategy.

Dividend Per Share

(Yen)
Dividend per Share FY2017 Results FY2018 Results FY2019
(Expectation)
Increase / Decrease
from
FY2017 Results
Increase / Decrease
from
FY2018 Results
1st quarter end 22 24 +2 27* +3*
2nd quarter end 22 24 +2 27* +3*
3rd quarter end 24 25 +1 27* +2*
4th quarter end 24 27 +3 27* -*
Fiscal Year 92 100 +8 108* +8*
* Expectation as of Apr 27, 2018
Dividend per share