Dividend Information
Dividend Policy and Trends
As of May 15, 2026
The Company’s basic dividend policy is to pay an appropriate level of dividends from a long-term perspective, based on a sound earnings structure.
Under the Medium-Term Business Plan “Mid-Term ‘26 Plan,” which covers the five-year period beginning in 2026, the Company follows a dividend policy centered on the dividend on equity (DOE) ratio, targeting a DOE ratio of 4.5% and a dividend payout ratio of 30% or higher, to maintain stable and progressive dividend payments.
Dividend per share (yen)
| FY2022 (107th period) |
FY2023 (108th period) |
FY2024 (109th period) |
FY2025 (110th period) |
FY2026 (111th period) Forecast |
|
|---|---|---|---|---|---|
| Interim Dividends | 30.00 | 20.00 | 50.00 | 60.00 | 65.00 |
| Year-End Dividends | 50.00 | 80.00 | 70.00 | 70.00 | 70.00 |
| Annual Dividends | 80.00 | 100.00 | 120.00 | 130.00 | 135.00 |
The FY2025 for the year-end dividend and annual dividend includes a commemorative dividend of 5 yen per share to mark the 80th anniversary of the Company’s founding.
