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Committed to Addressing the Needs of All Stakeholders for Full Satisfaction
1. Basic Management Policy
Okasan Securities Group Inc. manages a corporate group comprised of itself, a holding company, and the Group's Japanese and overseas consolidated subsidiaries, and other corporations. The Group strives to strengthen enterprise value in a sustained manner through the provision of investment services centering on the securities business and asset management.
2. Basic policy on the distribution of profits
The company regards the return of profits to shareholders as one of its most important management priorities. Our basic policy regarding dividends is to maintain and continue stable payments, while also considering distributions in line with business performance.
To achieve a balance between growth and returns and to improve capital efficiency, we have set a total shareholder return ratio of over 50% as a target indicator for shareholder returns.
The company's articles of incorporation stipulate the record date for the year-end dividend is March 31 and the record date for the interim dividend is September 30. The company's articles of incorporation also allow the company to set record dates and pay dividends from retained earnings and to determine dividends from retained earnings by resolution of the Board of Directors, pursuant to Article 459, Paragraph 1 of the Companies Act.
3. Important management index
Please refer to the Medium-term Business Plan for information on our quantitative targets.
4. Medium- and long-term management strategy
Okasan Securities Group Medium-term Business Plan
Read the Medium-term Business Plan for the Okasan Securities Group.
5. Challenges the Company should address
We have seen increasing uncertainty over events in Ukraine, the Middle East, and the Cold War dynamics between the US and China, which are shaking the world order. Japan's securities industry has seen a growing trend towards merges and alliances between companies - including other industries - amid the environmental changes, which calls for a necessity in swift and appropriate management decisions.
On the other hand, we see significant growth potential in the securities industry over the medium- to long-term. The norms (social conventions) of companies and consumers have changed over the years since the financial crisis of the Heisei era, and Japan is expected to emerge from its deflationary environment. With policy support, a positive attitude towards investment is being fostered, and there are expectations of a gradual shift towards risk assets and expansion of the investor base. In this context, we believe it is important to steadily capture the growth potential of the securities industry, based on changes in the roles required of securities companies and the added value they should provide. Under the current Medium-term Business Plan, we are strengthening our "One-to-One Marketing" in our core retail business, which involves taking a comprehensive view of each customer's overall assets and delivering the optimal solution from among a variety of financial products and solutions. We are also working to expand new services to meet diverse needs. Moreover, we plan to further improve customer experience (CX) by integrating skills and know-how cultivated by Okasan Online Securities, which merged with Okasan Securities in 2022, into our face-to-face sales.
Additionally, our Group aims to achieve "coexistence and co-prosperity" with a diverse range of securities companies. We seek to accelerate the deployment of "Securities as a Service" both within and outside the Group, delivering advanced services to a broader customer base.
As financial professionals, our Group's purpose is to "contribute to the lives of our customers", and we will strive to be a company that continues to grow and be trusted by our customers for the next 100 years. We also see contributing to the sustainability of society and local communities as part of our mission, and we aim to foster a diverse ecosystem - similar to a forest - together with our stakeholders.
6. Action to implement management that is conscious of cost of capital and stock price
Based on an analysis of the current situation, the Company has established and disclosed a business plan that includes growth strategies, capital profitability targets, and measures to improve market valuation.
For specific details, please refer to the Medium-term Business Plan.