The Company regards profit distribution to shareholders as one of its most important management issues. The basic policy of the Company is to pay dividends in line with its consolidated business results with a dividend payout ratio of around 30% as the target.
We will continue our efforts to distribute profits to our shareholders while achieving a balance between investing in sustainable growth and strengthening our financial position.
Basic information
As of March, 2023
| Total number of authorized shares | 602,100,000 |
|---|---|
| Total number of issued shares | 153,016,200 |
| Number of common shareholders | 8,780 |
Ownership Breakdown
Major Shareholders
| Names | Number of shares held (Thousands) | Shareholding (%) |
|---|---|---|
| SASADA FUND, LTD | 35,000 | 22.9% |
| THE MASTER TRUST BANK OF JAPAN, LTD. (TRUST ACCOUNT) | 22,838 | 14.9% |
| Custody Bank of Japan, Ltd (Trust account) | 12.549 | 8.2% |
| BBH FOR FIDELITY INVESTMENT TRUST ： FIDELITY SERIES OVERSEAS FUND | 3.154 | 2.1% |
| BNYM AS AGT/CLTS NON TREATY JASDEC | 2,926 | 1.9% |
| EMPLOYEE STOCK OWNERSHIP | 2,461 | 1.6% |
| NORTHERN TRUST CO.（AVFC）：RE FIDELITY FUND | 2,438 | 1.6% |
| The Dai-ichi Life Insurance Company, Limited | 2,003 | 1.3% |
| TAIKI SASADA | 1,990 | 1.3% |
| YUKI SASADA | 1,990 | 1.3% |
Dividends
The various procedures related to stocks
For stockholders who have set up an account at a stock company, when conducting procedures such as address change, purchase requests of fractional unit shares, and dividend transfer designations, please address to the stock company that has the account.
For stockholders who were not using "hofuri" (a system for transferring securities storage) before the digitalization of stock certificates, we are opening a "special account" in Sumitomo Mitsui Trust Bank, Ltd. which is a shareholder registry administrator of our company. For inquires on various procedures please contact through the information below.
<For inquiries>
Sumitomo Mitsui Trust Bank,
shareholder registry administrator & agency for managing special accounts.
Transfer Agent Department
TEL: 0120-782-031 (free-dial)