Dividends/Shareholder Return
Shareholder Return Policy
Our basic capital policy is to pursue an optimal balance of financial health, capital efficiency, and shareholder return as we work to achieve sustainable growth and enhance our corporate value over the medium- to long-term. Recognizing that ensuring continuous and stable shareholder returns is an essential part of our capital policy, we determine the amount we pay our shareholders back in light of a comprehensive review of our financial performance and operating environment. At the same time we appropriately reinvest retained earnings to develop new businesses and enhance production.
In accordance with Article 459 of the Companies Act, our company's Articles of Incorporation stipulate that capital surplus shall be distributed in accordance with a resolution by the board. As a general rule, we pay dividends twice a year, at the end of the second quarter and at the end of the year.
Dividends
Record Dates
Year-end dividend: December 31 of each year/Interim dividend: June 30 of each year
Dividend History
Interim dividend | Year-end dividend | Annual dividend | |
---|---|---|---|
Fiscal Year Ended December 31, 2023 (83rd Term) |
12.50 Yen | (Forecast) 12.50 Yen | (Forecast) 25.00 Yen |
Fiscal Year Ended December 31, 2022 (82nd Term) |
12.50 Yen | 12.50 Yen | 25.00 Yen |
Fiscal Year Ended December 31, 2021 (81st Term) |
10.00 Yen | 10.00 Yen | 20.00 Yen |
Fiscal Year Ended December 31, 2020 (80th Term) |
10.00 Yen | 10.00 Yen | 20.00 Yen |
Fiscal Year Ended December 31, 2019 (79th Term) |
10.00 Yen | 10.00 Yen | 20.00 Yen |
Paid-in Capital and Number of Shares Issued
Paid-in Capital | Number of Shares Issued | |
---|---|---|
January 31, 2023 Retirement of treasury stock 5,110,800 Shares |
6,544,339,199 Yen | 69,175,664 Shares |
September 30, 2016 Retirement of treasury stock 3,000,000 Shares |
6,544,339,199 Yen | 74,286,464 Shares |
January 29, 2016 Retirement of treasury stock 3,000,000 Shares |
6,544,339,191 Yen | 77,286,464 Shares |
December 22, 2009 Third-party allocation of shares (overallotment) 2,175,000 Shares |
6,544,339,191 Yen | 80,286,464 Shares |
November 26, 2009 Public stock offering 5,500,000 Shares |
6,094,984,191 Yen | 78,111,464 Shares |
March 29, 2001 Retirement of treasury stock 500,000 Shares |
6,094,984,191 Yen | 72,611,464 Shares |