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 20-30%,and we will implement share buybacks flexibly, taking into account our financial position and growth investment opportunities.
Our basic policy is to pay an annual year-end dividend, targeting a consolidated dividend payout ratio of 20%.
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.