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Dividend Policy

Basic policy regarding return of profits to shareholders

Basic policy regarding return of profits to shareholders

The Company seeks to “create a stable financial foundation, and increase new growth investment and stock dividends,” and sets the benchmark at dividend payout ratio of 30% of profit attributable to owners of parent.

1. Forecast for Cash Dividends

The Company intends to pay a full-year dividend of ¥82 per share (interim dividend of ¥39.0 ; year-end dividend of ¥43.0) for the fiscal year ending December 31, 2017 based on the forecast of consolidated financial results and a 30% dividend payout ratio (consolidated basis).

Forecast for December 2017(Forecast)
Interim Dividend Year-end Dividend Annual Dividend
Dividend per share (Yen) 39.0 43.0 82.0
Graph

2. History of Dividend per Share (Yen)

Interim Dividend Year-end Dividend Annual Dividend
December 2012 5.00 5.00 10.00
December 2013 10.00 16.00 26.00
December 2014 14.50 25.50 40.00
December 2015 22.00 22.00 44.00
December 2016 30.00 30.00 60.00
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