Shareholders Return
Dividend Policy
We believe that passing on profits to shareholders is an important part of our business administration work. As such, we strive to ensure stable management foundations and improve ROE (return on equity). In addition to this, when it comes to dividends, our basic policy is to provide stable dividends according to our business performance, taking into consideration such factors as the dividend payout ratio, further improving our corporate culture and ensuring we have sufficient internal reserves set aside for future business ventures.
Our basic policy is to pay out a single annual distribution of surplus as a year-end dividend. It is the role of the Shareholders Meeting to decide the amount of this distribution of surplus.
Dividend Amount by Year
| Term ending June 2019 | Term ending June 2020 | Term ending June 2021 | Term ending June 2022 | Term ending June 2023 |
| \11.00 | \11.00 | \20.00 | \20.00 | \30.00 |
June 2023 includes a commemorative dividend of \5.
Shareholder Incentives
With regard to the shareholder benefit plan, we have been giving shareholder benefit products once a year on June 30 with the aim of holding more shares of the Company over the long term, but we will discontinue it with the June 2024 allotment.
Content of Shareholder Incentives based on June 30, 2019
| No. of shareholdings | Period of retention | Content of incentive |
| 200 or more shares, under 1,000 shares | Half a year or more | Assortment of local confectionary worth \1,500 |
| 1,000 or more shares | Half a year or more | Assortment of local confectionary worth \2,500 |
Content of Shareholder Incentives based on June 30, 2020
| No. of shareholdings | Period of retention | Content of incentive |
| 200 or more shares, under 1,000 shares | One year or more | Assortment of local confectionary worth \1,500 |
| 1,000 or more shares | One year or more | Assortment of local confectionary worth \2,500 |