| 2020/02 | 2021/02 | 2022/02 | 2023/02 | 2024/02 | 2025/02 （Expected） |
||
|---|---|---|---|---|---|---|---|
| Dividend Per Share(yen) | 1Q | - | - | - | - | - | - |
| 2Q | 0.00 | 0.00 | 0.00 | 0.00 | 45.00 | 45.00 | |
| 3Q | - | - | - | - | - | - | |
| FY-End | 40.00 | 40.00 | 50.00 | 65.00 | 45.00 | 45.00 | |
| Total | 40.00 | 40.00 | 50.00 | 65.00 | 90.00 | 90.00 | |
| Amount of Dividends(million yen) | 704 | 704 | 880 | 1,144 | 1,585 | - | |
| Payout Ratio(%) | 69.5 | 102.5 | 26.7 | 40.4 | 36.8 | 56.1 | |
| Ratio of Total Amount of Dividends to Net Assets(%) | 1.6 | 1.6 | 1.9 | 2.3 | 3.0 | - | |
Basic Policy on Dividends
The Company’s basic policy on dividends is to issue a stable, continuous dividend with a target consolidated dividend payout ratio of 40%. This ratio also accounts for consolidated financial results and retained earnings for investment in future business expansion, among others.
In addition, with an eye toward future business development, we will leverage retained earnings for business scope expansion, labor savings, environmentally-friendly capital investments, and research and develop into new materials and products.
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