Shareholder Return and Dividends

Policy on the Distribution of Earnings

The policy of the Company regarding dividends is to aim for stable payment of dividends while also securing funds necessary for investment, and the dividends are determined by comprehensively taking into account factors such as financial performance trends, the financial situation, and the dividend payout ratio.
The Company flexibly conducts repurchase of its shares depending on factors such as capital needs and the business environment.

Historical Dividend Data

Fiscal year	Record date	Dividend per share	Start of payment
Fiscal 2024 interim	September 30 ,2024	¥21.0	November 27 ,2024
Fiscal 2023 year-end	March 31 ,2024	¥100.0	June 4 ,2024
Fiscal 2023 interim	September 30, 2023	¥80.0	November 27, 2023
Fiscal 2022 year-end	March 31, 2023	¥75.0	June 2, 2023
Fiscal 2022 interim	September 30, 2022	¥70.0	November 29, 2022
Fiscal 2021 year-end	March 31, 2022	¥65.0	June 2, 2022
Fiscal 2021 interim	September 30, 2021	¥60.0	November 29, 2021
Fiscal 2020 year-end	March 31, 2021	¥55.0	June 2, 2021
Fiscal 2020 interim	September 30, 2020	¥50.0	November 30, 2020
Fiscal 2019 year-end	March 31, 2020	¥50.0	June 8, 2020
Fiscal 2019 interim	September 30, 2019	¥45.0	November 29, 2019
Fiscal 2018 year-end	March 31, 2019	¥50.0 (including a special dividend of ¥5.0)	May 31, 2019
Fiscal 2018 interim	September 30, 2018	¥8.0	November 27, 2018
Fiscal 2017 year-end	March 31, 2018	¥8.0	May 29, 2018
Fiscal 2017 interim	September 30, 2017	¥7.0	November 28, 2017
Fiscal 2016 year-end	March 31, 2017	¥7.0	May 29, 2017
Fiscal 2016 interim	September 30, 2016	¥6.0	November 28, 2016
Fiscal 2015 year-end	March 31, 2016	¥6.0	May 30, 2016
Fiscal 2015 interim	September 30, 2015	¥6.0	November 26, 2015
Fiscal 2014 year-end	March 31, 2015	¥6.0	June 1, 2015
Fiscal 2014 interim	September 30, 2014	¥6.0	November 26, 2014

Note: On October 1, 2018, the Company completed the share consolidation of every five shares into one share for its common stock.
On July 1, 2024, the Company executed a 5-for-1 split of its common stock.

Historical Dividend Data bar graph

Note: On October 1, 2018, the Company completed the share consolidation of every five shares into one share for its common stock.
On July 1, 2024, the Company executed a 5-for-1 split of its common stock.
From FY2018 to FY2023, dividends in the upper row are calculated based on the adjusted number of shares due to the share consolidation and split
(inside brackets are dividends before the adjustment).

Repurchase of Shares of Common Stock

Period of repurchase	Method of repurchase	Total number of shares repurchased	Total purchase price for repurchased shares
April 30, 2024 to December 23, 2024	Open market purchase	56,227,700 shares	199,999,920,722 yen
April 28, 2023 to October 2, 2023	Open market purchase	11,073,400 shares	99,999,418,727 yen
May 2, 2022 to November 30, 2022	Open market purchase	29,983,800 shares	199,999,720,349 yen