Stock Information

Shareholder Return

Dividend Policy

The Company recognizes that it is essential to make growth investment such as continuous strengthening of production and supply capacity and further enhancement of business portfolio through M&A, and maintains a sufficient level of internal reserves to stabilize and strengthen the financial structure and as a source of funds for medium- to long-term growth. In addition, the Company considers the return of profits to shareholders as one of the important management priorities and has a basic policy of returning profits in accordance with the free cash flow every fiscal year with flexible measures, while comprehensively taking into account the profit level and financial position.
The Company's policy is to pay a divided of surplus twice a year as interim dividend and year-end dividend with a target of a consolidated dividend payout ratio of approximately 30%. The organizational function that decides the dividends of surplus is the Board of Directors.