Shareholder Returns
The Company recognizes that shareholder returns to the shareholders is an important management issue. The company will return profits to shareholders through dividends, acquisition of treasury shares.
Dividends
The Company strives for medium- to long-term growth through maintaining stable dividends as principle and ensuring appropriate financial soundness based on a dividend payout ratio of 30% or more.
The company plans to pay a commemorative dividend of 10 yen per share in the second quarter-end dividends for the fiscal year ending December 31, 2025, as a commemoration of the change of the stock listing to the Prime Market of the Tokyo Stock Exchange on September 25, 2024.
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Dividends
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Annual dividends
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Fiscal year
Interim
Fiscal year-end
Other
2019
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1.5 yen
2020
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2.5 yen
2021
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3.0 yen
2022
-
8.0 yen
2023
-
12.0 yen
2024
12.0 yen
12.0 yen (planned)
2025
To be determined
To be determined
10 yen (commemorative dividend) (planned)
Acquisition of Treasury Shares
In order to execute flexible capital policy in accordance with the business environment, the Company stipulates in its Articles of Incorporation that it may acquire treasury shares through market transactions and other means upon a resolution of the Board of Directors, pursuant to Article 165, Paragraph 2 of the Companies Act.
2.0 billion yen of treasury shares is scheduled to be acquired from March 2024 to the end of February 2025.
The Company completed the acquisition of 1.0 billion yen of treasury shares from March 25, 2024 to May 31, 2024, and plans to acquire the remaining 1.0 billion yen within the period.
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Acquisition period
Acquisition method
Number of shares acquired
Amount
(thousands of yen)March 25, 2024 to May 31, 2024
Open market purchase
1,202,700
999,946
November 6, 2023 to November 22, 2023
Open market purchase
619,600
499,975
May 12, 2023 to August 25, 2023
Open market purchase
1,884,600
1,499,960
August 8, 2022 to October 17, 2022
Open market purchase
1,088,400
999,958
August 10, 2021 to August 31, 2021
Open market purchase
220,000
182,420
