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Dividend Information

Mid-term dividend policy (August 1, 2017 to July 31, 2020)

  • Continuation stable dividends
  • Criterion
    (Consolidated basis)
    Dividend payout ratio 30% or Dividend on Equity (DOE) 2%

(After reverse stock split)

Annual Dividend per share

*FY July 2013 - FY July 2016 ; Non-Cosolidated, FY July 2017 ; Consolidated

(Yen)

  2013/7 2014/7 2015/7 2016/7 2017/7
Interim dividend 17.5 17.5 20.0 17.5 20.0
Year-end dividend 17.5 17.5 25.0 27.0 20.0
Total dividend 35.0 35.0 45.0 44.5 40.0
Dividend payout ratio (%) 67.7 38.8 35.6 34.1 37.6
DOE (%) 2.2 2.1 2.6 2.5 2.1
*Figures for divident per share have been adjusted to reflect a reverse stock split at a ratio of one share for every five shares on February 1, 2016.
(Payment) Interim dividend ; April of the fisical year
Year-end dividend ; October of next fisical year

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