Stock Information

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 2017 23
(target)
23
(target)
46
(target)
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

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