Shareholder's Returns

Basic Policy

We position dividend increases in line with medium- to long-term growth in earnings per share (EPS) as the core of our shareholder return policy. Under a progressive dividend approach, we aim to deliver the results of our growth to shareholders in a consistent and reliable manner.
We aim to enhance capital efficiency on a sustainable basis by optimally allocating surplus cash between strategic growth investments and share buybacks as part of our capital control strategy.

Dividend Trend

* As of October 1, 2017, the company carried out a share consolidation at a ratio of 5 common shares to 1.

Treasury shares

FY2024 ended March 2025

Period	Number of treasury shares	Acquisition costs
2024/5/7～2024/9/9	11,558 thousands shares	39.9 billion yen
2024/11/18～2025/1/24	9,209 thousand shares	39.9 billion yen
2025/2/5～2025/3/24	8,593 thousand shares	39.9 billion yen

Period
2024/5/7～2024/9/9
2024/11/18～2025/1/24
2025/2/5～2025/3/24
Number of treasury shares
11,558 thousands shares
9,209 thousand shares
8,593 thousand shares
Acquisition costs
39.9 billion yen
39.9 billion yen
39.9 billion yen

Release

• 2024/9/10 Notice regarding the Status and Completion of Stock Repurchases
• 2025/1/27 Notice regarding the Status and Completion of Stock Repurchases
• 2025/3/25 Notice regarding the Status and Completion of Stock Repurchases

FY2023 ended March 2024

Period	Number of treasury shares	Acquisition costs
2023/5/8～2024/1/23	34,423 thousands shares	112.9 billion yen

Period
2023/5/8～2024/1/23
Number of treasury shares
34,423 thousands shares
Acquisition costs
112.9 billion yen

Release

• 2024/1/24 Notice Regarding Market Purchase of Treasury Stock and Completion of Acquisition

FY2022 ended March 2023

Period	Number of treasury shares	Acquisition costs
2022/5/9～6/23	6,122 thousands shares	15.9billion yen

Period
2022/5/9～6/23
Number of treasury shares
6,122 thousands shares
Acquisition costs
15.9billion yen

Release

• 2022/6/24 Notice of Share Buyback

FY2021 ended March 2022

Period	Number of treasury shares	Acquisition costs
2021/5/10 - 5/18	1,440 thousands shares	3.2 billion yen

Period
2021/5/10 - 5/18
Number of treasury shares
1,440 thousands shares
Acquisition costs
3.2 billion yen

Release

• 2021/5/19 Notice of Share Buyback

FY2019 ended March 2020

Period	Number of treasury shares	Acquisition costs
2019/5/10 - 7/12	8,920 thousands shares	23.9 billion yen

Period
2019/5/10 - 7/12
Number of treasury shares
8,920 thousands shares
Acquisition costs
23.9 billion yen

Release

• 2019/7/16 Notice of Share Buyback

FY2018 ended March 2019

Period	Number of treasury shares	Acquisition costs
2018/5/8 - 6/15	6,718 thousands shares	19.9 billion yen

Period
2018/5/8 - 6/15
Number of treasury shares
6,718 thousands shares
Acquisition costs
19.9 billion yen

Release

• 2018/6/18 Notice of Share Buyback

FY2017 ended March 2018

Period	Number of treasury shares	Acquisition costs
2017/5/9 - 5/23	12,490 thousands shares	6.9 billion yen

Period
2017/5/9 - 5/23
Number of treasury shares
12,490 thousands shares
Acquisition costs
6.9 billion yen

Release

• 2017/5/23 Notice of Share Buyback

FY2016 ended March 2017

Period	Number of treasury shares	Acquisition costs
2016/5/10 - 7/1	93,922 thousands shares	40.9 billion yen

Period
2016/5/10 - 7/1
Number of treasury shares
93,922 thousands shares
Acquisition costs
40.9 billion yen

Release

• 2016/7/4 Notice of Share Buyback

FY2015 ended March 2016

Period	Number of treasury shares	Acquisition costs
2015/5/8 - 7/14	50,000 thousands shares	33.8 billion yen

Period
2015/5/8 - 7/14
Number of treasury shares
50,000 thousands shares
Acquisition costs
33.8 billion yen

Release

• 2015/7/15 Notice of Share Buyback

FY2014 ended March 2015

Period	Number of treasury shares	Acquisition costs
2014/5/7 - 6/12	70,773 thousands shares	40.0 billion yen

Period
2014/5/7 - 6/12
Number of treasury shares
70,773 thousands shares
Acquisition costs
40.0 billion yen

Release

• 2014/6/13 Notice of Share Buyback

FY2013 ended March 2014

Period	Number of treasury shares	Acquisition costs
2013/4/30 - 5/24	60,368 thousands shares	36.0 billion yen

Period
2013/4/30 - 5/24
Number of treasury shares
60,368 thousands shares
Acquisition costs
36.0 billion yen

Release

• 2013/5/24 Notice of Share Buyback

FY2012 ended March 2013

Period	Number of treasury shares	Acquisition costs
2012/5/2 - 5/15	12,796 thousands shares	4.9 billion yen

Period
2012/5/2 - 5/15
Number of treasury shares
12,796 thousands shares
Acquisition costs
4.9 billion yen

Release

• 2012/5/15 Notice of Share Buyback

FY2011 ended March 2012

Period	Number of treasury shares	Acquisition costs
2011/5/31 - 7/21	93,478 thousands shares	33.9 billion yen

Period
2011/5/31 - 7/21
Number of treasury shares
93,478 thousands shares
Acquisition costs
33.9 billion yen

Release

• 2011/7/21 Notice of Share Buyback

FY2010 ended March 2011

Period	Number of treasury shares	Acquisition costs
2010/4/16 - 4/21 (*)	14,037 thousands shares	5.8 billion yen
2010/5/7 - 5/13	5,531 thousands shares	2.2 billion yen

Period
2010/4/16 - 4/21 (*)
2010/5/7 - 5/13
Number of treasury shares
14,037 thousands shares
5,531 thousands shares
Acquisition costs
5.8 billion yen
2.2 billion yen

*:Repurchase from opposing shareholders to the merger of 100%-owned subsidiary

Release

• 2010/5/13 Notice of Share Buyback

FY2009 ended March 2010

Period	Number of treasury shares	Acquisition costs
2009/11/30 - 12/9	13,810 thousands shares	5.0 billion yen

Period
2009/11/30 - 12/9
Number of treasury shares
13,810 thousands shares
Acquisition costs
5.0 billion yen

Release

• 2009/12/9 Notice of Share Buyback

FY2008 ended March 2009

Period	Number of treasury shares	Acquisition costs
2008/6/4 - 6/13	23,984 thousands shares	10.0 billion yen

Period
2008/6/4 - 6/13
Number of treasury shares
23,984 thousands shares
Acquisition costs
10.0 billion yen

Release

• 2008/6/13 Notice of the Purchase of Treasury Stock

FY2007 ended March 2008

Period	Number of treasury shares	Acquisition costs
2007/7/30 - 8/20	37,581 thousands shares	20.3 billion yen
2007/4/27 - 5/23	31,000 thousands shares	18.7 billion yen

Period
2007/7/30 - 8/20
2007/4/27 - 5/23
Number of treasury shares
37,581 thousands shares
31,000 thousands shares
Acquisition costs
20.3 billion yen
18.7 billion yen

Release

• 2007/8/20 Notice of the Purchase of Treasury Stock
• 2007/5/23 Notice of the Purchase of Treasury Stock

FY2006 ended March 2007

Period	Number of treasury shares	Acquisition costs
2006/8/1 - 9/13	56,000 thousands shares	33.7 billion yen

Period
2006/8/1 - 9/13
Number of treasury shares
56,000 thousands shares
Acquisition costs
33.7 billion yen

Release

• 2006/9/14 Notice of the Purchase of Treasury Stock

FY2005 ended March 2006

Period	Number of treasury shares	Acquisition costs
2005/8/10 - 8/18	6,935 thousands shares	2.9 billion yen
2005/8/2	41,786 thousands shares	17.1 billion yen

Period
2005/8/10 - 8/18
2005/8/2
Number of treasury shares
6,935 thousands shares
41,786 thousands shares
Acquisition costs
2.9 billion yen
17.1 billion yen

Release

• 2005/8/19 Notice of the Purchase of Treasury Stock
• 2005/8/2 Notice of the Purchase of Treasury Stock