Message from the President

Focusing on aggressive business expansion overseas and reinforcing the revenue base in Japan ahead of the new growth stage.

Q5Finally, what is your outlook on dividends and shareholder returns?

We plan to pay out annual dividends of ¥22 per share in the fiscal year under review and increase dividends by ¥5 in the next fiscal year.

Dividend per Share and Payout Ratio
Dividend per Share and Payout Ratio

Our basic policy on profit distribution to shareholders is to maintain a dividend payout ratio 20% or more, taking into account the balance between stable dividends and growth investment. We plan to pay out annual dividends of ¥22 per share, as in fiscal 2015, increasing the amount by ¥5 per share, to ¥27, in the next fiscal year, taking into account our initial profit plan in addition to a dividend increase due to profit growth. The payout ratio will be 22.7%. We will also continue to enhance returns to shareholders.