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Dividends

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Information on dividends for shares issued by our company is available here.

Dividend policy

Returning profits to shareholders is an important management issue. The distribution of profits is a policy based on enhancing retained earnings to reinforce management practices and pave the way for future growth. Our fundamental approach entails the distribution of dividends in line with performance and based on the need to maintain stable dividends.

Changes in dividends

Declaration year Dividend per share Dividend payout ratio (Consolidated)
FY ended Mar. 2019 15 yen 348.8%
FY ended Mar. 2018 25 yen 84.6%
FY ended Mar. 2017 25 yen 47.2%
FY ended Mar. 2016 25 yen 44.7%
FY ended Mar. 2015 25 yen 35.1%

How to receive dividends

You can choose your preferred method for receiving dividends from the options below:
The (1) allocation based on the number of shares method and (2) registered dividend receipt account method are new methods introduced in association with the stock dematerialization conducted in January 2009.

  Account to receive dividends
(1)Allocation based on the number of shares method Account at a securities company
(2)Registered dividend receipt account method Account at a bank (except Japan Post Bank)
(3)Account designation for each issue method Account at a bank
(4)Dividend receipts method Counter at Japan Post Bank

(1) Receiving dividends through an account at a securities company: Allocation based on the number of shares method

You can receive dividends through an account at a securities company in proportion to the number of shares recorded in the account.
This method has been introduced with the implementation of stock dematerialization and is called the allocation based on the number of shares method.

  • If you choose this method, dividends for all book-entry shares you own (including shares in companies other than the Company) will be paid using this method. You cannot receive dividends for any issues by other methods.
  • If any of your book-entry shares (including shares in companies other than the Company) are recorded in a special account, you cannot choose the allocation based on the number of shares method.
  • If any of the securities companies at which you maintain accounts do not handle the allocation based on the number of shares method, you will not be able to choose that method.

(2) Receiving dividends through transfer to a bank account (part 1): Registered dividend receipt account method

You can receive dividends for all book-entry shares (including shares in companies other than the Company) through an account at a bank or other financial institutions that you nominate.
This method has been introduced with the implementation of stock dematerialization and is called the registered dividend receipt account method.

  • If you choose this method, dividends for all book-entry shares (including shares in companies other than the Company), including those recorded in special accounts, will be paid into the account at the bank or other financial institutions that you have nominated. You cannot receive dividends for any issues by other methods or designate other accounts for any issues.
  • You cannot nominate a savings account at Japan Post Bank.

(3) Receiving dividends through transfer to a bank account (part 2): Account designation for each issue method

You can receive dividends through an account at a bank or other financial institutions that you nominate for each issue. The method is called the account nomination for each issue method.
The bank transfer details that you specify will apply only to dividends for shares in the Company. (You need to specify bank transfer details for each issue.)

(4) Receiving dividends over the counter at Japan Post Bank: Dividend receipts method

You can receive dividends over the counter at Japan Post Bank by presenting a dividend receipt that will be mailed to you.

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