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Dividends
We consider the payment of stable dividends into the future to be an important management policy.
Our policy is to pay a year-end dividend once a year, in principle, with the aim of paying sustainable and stable dividends with a dividend payout ratio of 30% (calculated based on the number of shares issued at the end of the period) while maintaining dividends at or above the previous fiscal year's results.
Trends in dividends and dividend payout ratios

Shareholder benefits program
We have introduced a shareholder benefit system to respond to the continued support of our shareholders.

Eligible Shareholders
Shareholders who own 1 unit (100 shares) or 2 units (200 shares) or more of shares as listed or recorded in the shareholder register as of the end of June of each year.
(As of the end of June 2025)
Reference date | Unit (number of shares) | Continuous holding period | Details of shareholder benefits |
---|---|---|---|
End of June 2025 | 1 unit (100 shares) or more | - | QUO card: 10,000 yen |
(After the end of June 2026)
Reference date | Unit (number of shares) | Continuous holding period | Details of shareholder benefits |
---|---|---|---|
End of June | 2 units (200 shares) or more | More than 1 year | QUO card: 15,000 yen |
1 unit (100 shares) or more | - | QUO card: 5,000 yen |
(As of the end of June 2025)
Reference date | End of June 2025 |
---|---|
Unit (number of shares) | 1 unit (100 shares) or more |
Continuous holding period | - |
Details of shareholder benefits | QUO card: 10,000 yen |
(After the end of June 2026)
Reference date | End of June |
---|---|
Unit (number of shares) | 2 units (200 shares) or more |
Continuous holding period | More than 1 year |
Details of shareholder benefits | QUO card: 15,000 yen |
Reference date | End of June |
---|---|
Unit (number of shares) | 1 unit (100 shares) or more |
Continuous holding period | - |
Details of shareholder benefits | QUO card: 5,000 yen |
Timing of the gift
We will award shareholder benefits to the address listed on the shareholder register within approximately 3 months after the reference date.
FAQ
- When will I receive the shareholder benefit?
- We are planning to award it around August or September.
- Where will I receive my shareholder benefit?
- It will be delivered to the address listed on the shareholder register.
- I would like to change the shipping address.
- Please contact the securities firm with you have an account.
- Which shareholders are eligible for shareholder benefits?
- Target shareholders who own 1 unit (100 shares) or 2 units (200 shares) or more of shares are listed or recorded in the shareholder register as of the end of June of each year.
If you have any questions regarding the holding period or number of shares held, please contact our shareholder registry administrator, Mitsubishi UFJ Trust and Banking Corporation, Securities Agency Department (toll free number 0120-232-711, business hours: Monday to Friday 9:00 to 17:00 [excluding Saturdays, Sundays, and holidays]).
- What is the definition of a continuous holding period of "More than 1 year"?
- This will be determined if the shareholder holds 2units (200 shares) or more on the record date, and the shareholder register as of the previous year's record date states or records that the same shareholder number owns 1 unit (100 shares) or more.
- How many times a year are shareholder benefits offered?
- Once a year. (Reference date: end of June)
*In order to be listed in the shareholder register as of the end of June, you must purchase shares by 2 business days before the last business day of June (last trading day with rights).
- Please tell me the type and design of the QUO card that will be sent to me.
- The face value will be 5,000 yen and the design will be "QUO Smile Silver."
*The face value and design may change without notice.