Shareholder Returns (Dividends, etc.)

Profit Return Policy

The Company recognizes that the stable, continued return of profits to our shareholders over the long term will lead to an increase in shareholder value. Our basic policy regarding profit distribution is to improve shareholder value through reinvestment of profits from a medium- to long-term perspective and directly return profits to shareholders through dividends, etc., from a comprehensive perspective.

Changes in dividends (JPY)

2021/5 2022/5 2023/5 2024/5 2025/5
Dividends per share
(Interim) (JPY)
- - - - 25.0
Dividends per share
(Year-end) (JPY)
35.0 43.0 50.0 55.0 42.0
Dividends per share
(Annual) (JPY)
35.0 43.0 50.0 55.0 67.0
>Net asset dividend ratio (%) 2.3 2.6 2.7 2.8 3.2
  • *The number in parentheses for 2019/5 denotes commemorative dividends for the listing change to the first section of the Tokyo Stock Exchange.
  • *On December 1, 2020, a stock split was carried out at a ratio of 2 shares per share of common stock. Dividend amounts prior to FY5/20 are retroactive figures for this split.

Stock split

On December 1, 2020, a stock split was carried out at a ratio of 2 shares per share of common stock.

Treasury shares

(shares)

No. of Shares Held at the Beginning of the Period No. of Shares Acquired for the Fiscal Year No. of Treasury Shares Processed for the Fiscal Year No. of Treasury Shares Held at the End of the Period Ratio of Owned to Total No. of Issued Shares at the End of the Period
FY5/24
(FY2023)
449,402 404 50,937 398,869 2.48%
FY5/25
(FY2024)
398,869 80 25,977 372,972 2.32%
  • *The Company and its consolidated subsidiaries have introduced a stock-based compensation plan through trusts, and the number of treasury shares at the end of the fiscal year includes the Company's shares (371,881 shares in the fiscal year ending May 31, 2025 and 397,858 shares in the fiscal year ending May 31, 2024) owned by the trust. In addition, the Company's shares owned by the trust are included in treasury stock deducted in the calculation of the average number of shares during the period (381,273 shares in the fiscal year ending May 31, 2025 and 416,249 shares in the fiscal year ending May 31, 2024).
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