Shareholder's Returns

Basic Policy

Acquisition of treasury stock for retirement will be considered as one way of providing shareholder return in addition to dividends, and aims for total return ratio (ratio of dividends on current consolidated net income and acquisition of own shares) will be around 40% in each fiscal year.
With regard to dividends, we will continue to provide stable dividends and will gradually increase dividends in accordance with growth while comprehensively taking into consideration the profit level over the medium- to long-term.

The results for fiscal 2023 were returned to shareholders as follows.

• Annual dividend per share increased to ¥70 (total dividends ¥28.4 billion)
• Treasury stock purchases presuming retirement of a maximum of ¥40.0 billion / 17.0 million shares (4.2%)^*

* Number of Shares Issued: 400,452,159 (as of March 31, 2024)

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

Period
2024/5/7～2024/9/9
Number of treasury shares
11,558 thousands shares
Acquisition costs
39.9 billion yen

Release

• 2024/9/10 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