Shareholder Returns Policy
Shareholder Returns Policy
Results gained through business activities are fairly distributed to shareholders, customers and employees in response to an increase in corporate value, to meet their trust and expectation.
Taking each fiscal period's business results and investment etc. for continuous growth into account, our basic policy is stable dividends to meet shareholders expectations in line with corporate value increase.
With regard to dividends for the year ending March 2021, on December 15th 2020 an interim dividend of 21 yen per share was given, and the end of year dividend of 23 yen per share was given on June 30th 2021. As a result, this year's dividend amount is 44 yen per share.
With regard to internal reserves, the plan is to allot funds for the future, such as research and development investment, overseas location expansion investment, rationalization investment, etc.
Also, other than the dividend return to shareholders, we provide a corporate distribution of gifts to shareholders.
Corporate distribution of gifts to shareholders
In gratitude for the patronage by all our shareholders, we provide the following corporate distribution of gifts.
Content of gifts
Rice vouchers are presented in accordance with the criteria below
| Number of shares held | Gift presented |
|---|---|
| 100 to 499 shares | Rice voucher equivalent to 3kg |
| 500 to 999 shares | Rice voucher equivalent to 6kg |
| 1,000 or more shares | Rice voucher equivalent to 10kg |
Eligible shareholders
Shareholder on the reference date (March 31st every year)
Timing for sending the voucher
The vouchers are sent after the regular General Meeting of the Shareholders (late June every year).