Stock return / Dividend

Shareholder Returns

  • 【Shareholder Return Policy】
  • ・We forecast medium-term FCF and determine the level of shareholder returns while balancing financial soundness and growth investments.
  • ・We are targeting a dividend payout ratio of about 40%, with the aim of achieving progressive dividends in the medium to long term based on maintaining stable dividends.
  • ・Share repurchasing aimed at improving capital efficiency. Expanding the size of shareholder returns during the 2028 Mid-term Plan with a target total return ratio of 70% or more

  • 【Dividends (Actual and Forecast)】
  • ・The annual dividend for FY2025 will be 61 yen, an increase of 16 yen from FY2024.
  • ・The annual dividend forecast for FY2026 is 70 yen.(As of May 11, 2026)

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