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

Rice voucher

Rice voucher Back side

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).

IR Information

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