Dividend Policy and Changes
We will provide stable returns while aiming for a payout ratio of 40%.
(Yen)
| End of 2nd Quarter dividend | Year-End dividend | Annual dividend | |
|---|---|---|---|
| Fiscal year 2023（forecast） | 25 | 29 | 54*4 |
| Fiscal year 2022 | 20 | 25 | 45 |
| Fiscal year 2021 | 15 | 15 | 30 |
| Fiscal year 2020 | 15 | 15 | 30 |
| Fiscal year 2019 | 23 | 17 | 40 |
| Fiscal year 2018 | 23 | 23 | 46 |
| Fiscal year 2017 | 23 | 23 | 46 |
| Fiscal year 2016 | 23 | 23 | 46 |
| Fiscal year 2015 | 23 | 23 | 46 |
| Fiscal year 2014 | 20 | 23*2 | 43 |
| Fiscal year 2013 | 30 <15> |
16 | 46 <31> |
| Fiscal year 2012 | 25 <12.5> |
30*3 <15> |
55 <27.5> |
| Fiscal year 2011 | 20 <10> |
20 <10> |
40 <20> |
| Fiscal year 2010 | 20 <10> |
10 <5> |
30 <15> |
| Fiscal year 2009 | 15 <7.5> |
20 <10> |
35 <17.5> |
| Fiscal year 2008 | 15 <7.5> |
15 <7.5> |
30 <15> |
*1 A 1-for-2 stock split has been conducted as of January 1, 2014.And also shown a numerical value calculated based on the stock split.
*2 It includeｓ the commemorative dividend ¥ 3
*3 It includeｓ the commemorative dividend ¥ 5
*4 Includes a commemorative dividend of 4 yen per share.（Interim 2 yen, Year-end 2 yen）