Dividend Information
Dividend Policy
In line with its newly adopted policies for cash allocation, the Company will generate cash over the three years beginning in fiscal year 2024 by, among others, promoting business portfolio transformation and structural reforms, improving working capital and shrinking assets, and will work to ensure its optimal allocation to enhance returns to shareholders. To this end, the Company has also set a minimum limit for annual dividends per share of ¥100.00. Any additional cash generated through the swift, proactive implementation of key measures will also be applied to shareholder returns.
Dividend History
Dividend per share (Unit: yen)
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 Forecast |
|
|---|---|---|---|---|---|---|---|---|---|---|
| Total | 80 | 100 | 120 | 125 | 100 | 100 | 100 | 100 | 80 | 100 |
| Interim | 40 | 40 | 60 | 60 | 60 | 50 | 50 | 50 | 50 | 50 |
| Year-end | 40 | 60 | 60 | 65 | 40 | 50 | 50 | 50 | 30 | 50 |
* Adjusted to reflect the impact of the consolidation of shares of common stock
The Company implemented a consolidation of shares of common stock by a factor of 10 to 1 with July 1, 2016, as the effective date.
Acquisition of Treasury Stock
There are currently no plans to acquire treasury stock.
| Period of repurchase | Total number of shares repurchased | Total value of shares repurchased(yen) |
|---|---|---|
| August 9, 2016-August 9, 2016* | 2,492 | ¥6,421,884 |
| Decembar 1,2015-Decembar 9, 2015 | 6,803,000 | ¥2,500,240,000 |
| Novembar 19, 2015-Novembar 30, 2015 | 7,000,000 | ¥2,499,704,000 |
*Fractional units of less than one share were purchased as treasury stock in accordance with Article 235, Paragraph 2 and Article 234, Paragraph 4 and 5 of Japan’s Companies Act.
