Investor Relations
Dividends
The Company makes it a basic policy to distribute profits according to its business results, while maintaining its financial strength by securing sufficient internal reserves to carry out sound business operations.
Dividends (Forecast)
For the fiscal year ended March 31, 2024, the year-end dividend is ¥15 per share. Accordingly, the full-year dividend including the interim dividend is scheduled to be ¥30 per share.
Regarding dividends for the fiscal year ending March 31, 2025, neither the interim dividend nor the year-end dividend has yet been determined, as estimating the consolidated results forecast for the full year is difficult at this stage.
However, dividends for the fiscal year ending March 31, 2025 will be determined with a target consolidated dividend payout ratio of approximately 50%, while we comprehensively take 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.
| FY2024 Forecast (Announced on May 14, 2024) | |
|---|---|
| Interim | NYD |
| Year-end | NYD |
| Annual | NYD |
Trend in Dividends per Share
| FY2022 | FY2023 | |
|---|---|---|
| Annual | ¥113 | ¥30 |
| Interim | ¥45 | ¥15 |
| Year-end | ¥68 | ¥15 |
| Dividend payout ratio | 298.7% | 69.8% |