Dividends

Dividends (Forecast)

For the fiscal year ending March 31, 2024, the impact of a significant decrease in profit attributable to owners of parent for the fiscal year ended March 31, 2023 is anticipated, and due to difficulties in estimating the consolidated results forecast for the full year at this stage, both the year-end dividend and the interim dividend have not yet been determined. However, dividends for the fiscal year ending March 31, 2024 will be determined with a target consolidated dividend payout ratio of approximately 50%, while comprehensively taking into account the dividend sources of IR Japan Holdings, Ltd. as well as the necessity of maintaining the stable equity ratio of IR Japan, Inc. (hereinafter, “IRJ”), the Company’s subsidiary, as IRJ is a Type I Financial Instruments Business Operator.

Trend in Dividends per Share