Dividends

Basic Policy for Profit Distribution

On February 13, 2025, we announced our medium-term management plan (2025–2027) (hereinafter, "Medium-Term Management Plan"). In this plan, we have positioned shareholder returns as one of our top management priorities and have decided to revise and strengthen our existing shareholder return policy. Specifically, during the period of the Medium-Term Management Plan, we will adopt a progressive dividend policy, with a minimum dividend of 100 yen per share in the first year, and thereafter we will maintain or increase the dividend. In addition, we will also consider flexible purchase of treasury stock, aiming to achieve a total return ratio of 40% over the MTMP period.

Cash Dividends for FY2026

For the fiscal year ending December 31, 2026, we have revised the year-end dividend forecast upward by 2.00 yen from the previous forecast, announced on February 12, 2026, to 54.00 yen per share (bringing the annual dividend forecast to 106.00 yen per share).

News Release dated August 5, 2026
Revision of Dividend Forecast for the Fiscal Year 2026 < PDF 39.3 KB >

Cash Dividends

(Yen)

* Given the effect of the reverse share split executed on October 1, 2017, the interim dividend for the fiscal 2018 totaled 25 yen per share, while the full-year cash dividend amounted to 60 yen per share.
Fiscal year Cash dividends per share
Interim Fiscal year-end Total
Fiscal 2025 ended December 31, 2025 50.00 50.00 100.00
Fiscal 2024 ended December 31, 2024 42.50 42.50 85.00
Fiscal 2023 ended December 31, 2023 35.00 45.00 80.00
Fiscal 2022 ended December 31, 2022 20.00 25.00 45.00
Fiscal 2021 ended December 31, 2021 10.00 10.00 20.00
Fiscal 2020 ended December 31, 2020
Fiscal 2019 ended December 31, 2019 35.00 35.00 70.00
Transitional fiscal period ended December 31, 2018 35.00 35.00 70.00
Fiscal 2018 ended March 31, 2018 * 5.00 35.00
Fiscal 2017 ended March 31, 2017 5.00 5.00 10.00
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