Shareholder Return Policy

We regard the return of profits to shareholders as one of the most important management priorities. Considering the need to secure investment resources for our company's future sustainable growth and maintain financial stability, we have established a basic policy of positioning dividends as the foundation of shareholder returns and steadily increasing them in line with profit growth.
As a return to shareholders, we will maintain stable dividends based on a total payout ratio of 15-30%,and we will implement share buybacks flexibly, taking into account our financial position and growth investment opportunities.

Dividend Policy

Our basic policy is to pay an annual year-end dividend, targeting a consolidated dividend payout ratio of 15%.
Furthermore, the Company has adopted the interim dividend system stipulated in Article 454, Paragraph 5 of the Companies Act, and its Articles of Incorporation specify that the Board of Directors is the body responsible for determining both year-end dividends and interim dividends.
※As a benefit to shareholders holding our stock on or after September 30, 2024, we have decided to pay an interim dividend for this fiscal year only, with a record date of September 30, 2025.
Starting from the next fiscal year, we will not pay interim dividends and will only pay a year-end dividend.