As a holding company of the Group, under the Medium-Term Management Policy formulated in 2016, the Company has strengthened earning power by positioning the domestic profit base as the cornerstone of earnings and the overseas business as a growth engine. The Company has also been giving top priority to utilizing the generated cash flows to acquire foundations for growth including domestic and foreign M&As. In terms of shareholder returns, the Company has aimed to steadily increase dividends, targeting a dividend payout ratio of 30% (IFRS basis) by fiscal 2018.
*Dividend payout ratio is calculated after the deduction of one off special factors including business portfolio restructuring and foreign exchange impact.
Fixed Date of Dividend Payout and Starting Date of Payout
|Date of record
||Late August - Early September
||The following business day of the Annual General Meeting of Shareholders
Historical Data on Dividends per Share
|(yen / %)
||＜ J GAAP ＞
||＜ IFRS ＞
|Basic earnings per share
|Dividend payout ratio