Return to Shareholders
The Company positions the return to shareholders as an important managerial issue and have adopted performance linked approach based on continuous and stable dividend payouts, taking into account the business performance, investment plans, and business environment for each fiscal period.
As a result of considering the dividend for the fiscal year ending March 2022 in light of the uncertain business environment, future demand for funds, and the full-year consolidated earnings forecast, the interim dividend will be 28 yen per share. We also plan to pay a year-end dividend of 28 yen per share. As a result, the Cash dividends per share share will be 56 yen.
The payment period for interim dividends for the fiscal year ending March 2022 is from December 1, 2021 to January 7, 2022.
Forward-looking statements are based on the information available at the time of announcement (November 5, 2021) and are subject to various risks and uncertainties that could cause actual results to vary materially.
Dividend Payout Ratio
The Group has voluntarily adopted the IFRS from the fiscal year ended March 2020, and the Dividend Payout Ratio for the FYE 2019 have also been reclassified to the IFRS basis and presented. For years prior to the fiscal year ended March 2019, figures are presented in accordance with Japanese GAAP.