EN

Shareholder Return Policy

【Dividend Payout History】

FY 2016 (through February)※1 FY 2017 (through February) FY 2018 (through February) FY 2019 (through February) FY 2020 (through February)
(Projections)※3
Mid-Year Dividend (yen) 12 13 13 13 13
End-of-Year Dividend (yen) 12 13 13 13※2 13
Full-Year Dividend (yen) 24 26 26 26※2 26
Dividend Payout Ratio (%) 94.2 98.1 80.9 73.1※2 73.0

※1 Includes 8 yen dividend (full year) commemorating the company’s 30th anniversary

※2 Approved at the 36th Ordinary General Meeting of Shareholders

※3 Forecast announced on April 10, 2019

【Dividend Record Date】

Final day of February, final day of August