The Company regards profit distribution to shareholders in cash as an important policy and will effectuate a continuous, stable profit distribution at high levels. We use the dividend on equity ratio as our target index, keeping this figure at least 5% of consolidated financial results for the mid-to long-term.
|Year-end Dividend||65.10||95.10 ※1||65.10||65.10||95.10 ※2|
|Annual Dividend||120.10||160.20||130.20||130.20||160.20 ※2|
※1 Breakdown of FY17/18 Year-end dividend: Ordinary dividend of 65.1 yen per share + Commemorative dividend of 30 yen per share.
※2 Breakdown of FY20/21 Year-end expected dividend: Ordinary dividend of 65.1 yen per share + Commemorative dividend of 30 yen per share.
(Unit: millions of yen)
|Total Cash Dividends||3,147||4,613||3,734||3,722||4,561|
|Treasury Stock Acquisition Cost||0||0||1,377||0||1,500|
※ Includes dividends paid during the period and cost of acquisition of treasury stock.