Shareholder Return
Shareholder return policy
The Company establishes a shareholder return policy based upon paying dividends linked to performance that reflects a comprehensive consideration of cash flows situations and balanced investments for business growth as well as a business environment.
In the Management Policies (2021–2023), we adopted a policy of aiming to achieve a consolidated dividend payout ratio of 40%. The Management Policies (2024-2026) stipulates a dividend payout ratio of 40% or more and flexible share repurchases, taking into account stock price as our shareholder return policy.
Dividends
Our basic policy is to pay dividends in accordance with our performance, and we seek to achieve a stable and continuous distribution of profits. The specific amount of dividends will be determined taking into consideration the need to secure internal reserves for business development, and also comprehensively considering the business environment and other factors.