Dividend

Policy on Shareholder Returns

We plan to continue increasing our returns to shareholders, which focus on augmenting earnings per share (EPS) through sustainable growth and our commitment to raising dividends to meet our commitment of a dividend payout ratio in excess of 35%.

Dividends per Share

The dividend for the fiscal year ended March 31, 2016, amounted to ¥70 per share, up 23.5% from the previous year.
For the fiscal year ending March 31, 2017, we plan to pay out ¥80 per share, up 14.3% year on year.

Dividend History

As of June 22, 2016

Fiscal Year Dividends per Share (Yen)  
Interim Year-end The full-year
FY2017.3 (E) 40 40 80
FY2016.3 35
(includes a commemorative dividend of 5)
35 70 a 1:3 stock split on common stock, with an effective date of April 1, 2015.
FY2015.3 80 90 170
FY2014.3 60 70 130 a 1:2 stock split on common stock, with an effective date of April 1, 2013.
FY2013.3 8,500 95 - a 1:100 stock split on common stock, with an effective date of October 1, 2012.
FY2012.3 7,500 8,500 16,000
FY2011.3 6,500 7,500 14,000
FY2010.3 6,500
(includes a commemorative dividend of 1,000)
6,500 13,000
FY2009.3 5,500 5,500 11,000
FY2008.3 5,000 5,500 10,500
FY2007.3 4,500 5,000 9,500
FY2006.3 3,500 4,500 8,000
FY2005.3 3,400
(includes a commemorative dividend of 1,000)
3,500 6,900
FY2004.3 1,200 2,400 3,600
FY2003.3 895 1,200 2,095
FY2002.3 895 895 1,790
FY2001.3 895 895 1,790
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