Dividends (Forecast)

For fiscal 2018, the Company is currently scheduled to pay ¥15.0 per share as the interim dividend and ¥20.0 per share as the year-end dividend.The Company intends to remain flexible going forward, including the purchase of treasury shares, in light of performance trends and other factors.

FY2018 Forecast (Announced on January 31, 2019)
Interim ¥15.0
Year-end ¥20.0
Annual ¥35.0

Trend in Dividends per Share

FY2016 Actual FY2017 Actual
Annual ¥40 ¥60
Interim ¥15 ¥25
Year-end ¥25 ¥35
Dividend payout ratio 51.5% 65.0%

*The Company carried out 2-for-1 stock split for its common shares on August 31, 2018, and the amount on FY2017 and FY2016 shown above is before taking the stock split into account.