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Capital Management

Dividend per share

Annual dividend per share
FY2016 9yen
FY2015 8yen
FY2014 7yen
FY2013 7yen (memorial dividend : 1.00 yen)
FY2012 6 yen
FY2011 6 yen
FY2010 6 yen
FY2009 6 yen
FY2008 6 yen
FY2007 6 yen

Share buy-back

Number of shares (in thousand) Total value (in million yen)
Aug 2017 8,500 4,122
Feb~May 2016 5,000 1,510
Feb 2015 10,000 3,780
May 2013 2,800 1,218
Jan~Feb 2013 5,000 1,699
May~Jul 2012 5,000 1,487
Jan~Feb 2012 5,000 1,492
May~Jul 2011 5,000 1,392
Feb~Mar 2011 5,000 1,548
Nov 2007 4,185 2,268

Dividend policy

Principle dividend policy
Stable dividend(6 yen p.a.) + Performance-linked dividend

Dividend payout ratio is targeted at 25%~30% of net income for the year.

Related Information (Japanese Site)

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