Dividends

The Company’s basic policy is “to make strategic investments for future growth including capital enhancement, technological development and capital expenditures while providing continuous and stable dividends to shareholders.”

In line with our commitment to practice business management focused on capital cost and stock price, the period for the new Medium-Term Management Plan (2026-2028) is positioned to drive even greater corporate value and more attractive shareholder returns.

Target consolidated dividend payout ratio: 40% or higher

Share repurchase amount of approx. JPY 30.0 billion (over the course of three years starting from FY 3/27): we plan conduct annual JPY 10.0 billion share repurchase, JPY 5.0 billion in the interim period (second half) and the fiscal period (first half of the following fiscal year).