Returning Profits to Shareholders
The Company strives to carry out its operations from a global perspective and increase its corporate value. With respect to redistribution, the Company considers redistribution of profits to its shareholders to be one of the most important management issues, and its basic policy for dividends is to make distributions after taking into account its long-term consolidated earnings performance. The Company will also acquire its own shares at the optimal timing with the aim of improving efficiency in capital structure. The present goal, however, is to increase the shareholders return ratio (i.e. the ratio of the total of the dividend payment and the repurchase of company shares to consolidated net income) to approximately 30%.
Dividend per share
(YEN)| Dividend per Share | FY2012 Results | ||||
|---|---|---|---|---|---|
| FY2013 Results / Projection |
Increase / Decrease from FY2012 Results |
FY2014 Expectation |
Increase / Decrease from FY2013 Results |
||
| 1st quarter end | 15 | 19 | +4 | 20* | +1* |
| 2nd quarter end | 15 | 19 | +4 | 20* | +1* |
| 3rd quarter end | 15 | 19 | +4 | 20* | +1* |
| 4th quarter end | 15 | 19* | +4* | 20* | +1* |
| Fiscal Year | 60 | 76* | +16* | 80* | +4* |
* Projection as of April 26, 2013