Basic policy for the Return to Our Investors

The important issues identified by the Company include the enhancement of market capitalization through the creation and the expansion of corporate value, and the continual distribution of dividends.
 In distributing profits, the Company aims to provide shareholder returns with a total target payout ratio of 35% in the medium term. To achieve this goal, the Company will remain true to its basic capital policy of achieving sustainable medium to long-term growth in net sales and income while returning profits to the shareholders, and work to secure a sufficient amount of internal reserves to carry out aggressive business development in the future.

Dividend Information

[ Yen ]

  Interim dividend Year-end dividend Dividend Total
2018/09 (Forecast) 8.00 8.00 16.00
2017/09 8.00 8.00(Planned) 16.00(Planned)
2016/09 8.00 8.00 16.00
2015/09 6.00 8.00 14.00
2014/09 2.50 6.00 8.50
2013/09 6.25 6.25
2012/09 10.00 10.00
dividend

Interim dividend base date: March 31
Year end dividend base date: September 30

Dividend information is calculated based on the figures after the following share splits.
・We conducted a 2-for-1 share split which became effective as of April 1, 2008.
・We conducted a 100-for-1 share split which became effective as of April 1, 2013.
・We conducted a 2-for-1 share split which became effective as of April 1, 2014.
・We conducted a 2-for-1 share split which became effective as of April 1, 2015.

Total Payout ratio

[ Thousand of yen ]

  Total cash dividends Total amount of treasury shares purchased Net income Total Payout ratio(%)
2017/09 871,738 999,932 1,434,207 130.5
2016/09 879,804 1,078,912 3,317,734 59.0
2015/09 794,827 2,607,431 30.5
2014/09 427,729 1,337,838 32.0
2013/09 313,842 297,860 516,617 118.4
2012/09 517,148 397,409 109,441 835.7

Total payout ratio=(Total cash dividends+Total amount of treasury shares purchased)
÷Net income×100