Trends in Stock Splits and Dividends

Stock split

Date of implementation Split ratio
November 1985 Non-pay 1:0.08
February 1962 Pay 1:0.55
October 1960 Non-pay 1:0.03
April 1960 Non-pay 1:0.03

*Non-pay: Without monetary payment Pay: With monetary payment

Dividend

Trend of annual dividend per share
Fiscal Year Accounting Period Annual dividend per share Final dividend Interim dividend
FY2020 The Year ending March 31, 2021 8.5 yen (forecast) 4.5 yen (forecast) 4 yen (forecast)
FY2019 The Year ended March 31, 2020 8.5 yen 4.5 yen 4 yen
FY2018 The Year ended March 31, 2019 8 yen 4 yen 4 yen
FY2017 The Year ended March 31, 2018 8 yen 4 yen 4 yen
FY2016 The Year ended March 31, 2017 6 yen 3.5 yen 2.5 yen
FY2015 The Year ended March 31, 2016 5 yen 3 yen 2 yen
FY2014 The Year ended March 31, 2015 3 yen 3 yen -
FY2013 The Year ended March 31, 2014 - - -
FY2012 The Year ended March 31, 2013 - - -
FY2011 The Year ended March 31, 2012 10 yen 5 yen 5 yen
FY2010 The Year ended March 31, 2011 10 yen 5 yen 5 yen
FY2009 The Year ended March 31, 2010 10 yen 5 yen 5 yen

Basic Policies for Profit Sharing

As for profit sharing at the Company and its subsidiaries and affiliates, our policy is to pay dividends to shareholders according to the consolidated business performance of the Company and its subsidiaries and affiliates in view of enhancing the corporate constitution from a long-term, comprehensive perspective, in consideration of retained earnings to prepare for rolling out businesses in the future.