The Company regards profit distribution to shareholders as one of its most important management issues, and has reviewed its dividend policy for the current Medium-Term Management Plan period.
Accordingly, the Company has raised the dividend payout ratio for the current fiscal year to 50% and declared a dividend of 69 yen per share.
Going forward, during the Medium-Term Management Plan period, the Company will further enhance shareholder returns and improve stability through the following initiatives:
・ Raising the dividend payout ratio targeted during the Medium-Term Management Plan to 50% and aiming for a total return ratio including share buybacks of 60%.
*Period of Medium-Term Management Plan (fiscal year ended March 31, 2026 to fiscal year ending March 31, 2029)
・ Adopting a progressive dividend policy and committing to distributing dividends twice a year, interim dividends and year-end dividends.
*A dividend policy that, in principle, maintains or increases annual dividend levels.
Basic Information
As of March, 2026
| Total number of authorized shares | 602,100,000 |
|---|---|
| Total number of issued shares | 153,016,200 |
| Number of common shareholders | 15,006 |
Breakdown of Shareholders by Type
Major Shareholders
| Names | Number of shares held (Thousands) | Shareholding (%) |
|---|---|---|
| SASADA FUND, LTD | 35,000 | 23.1% |
| THE MASTER TRUST BANK OF JAPAN, LTD. (TRUST ACCOUNT) | 14,454 | 9.5% |
| HIKARI TSUSHIN KK Investment Limited Partnership HIKARI TSUSHIN, INC., General Partner | 10,616 | 7.0% |
| Custody Bank of Japan, Ltd. (Trust Account) | 8,631 | 5.7% |
| UH Partners 2 Investment Limited Partnership UH Partners 2, Inc., General Partner | 7,633 | 5.0% |
| EMPLOYEE STOCK OWNERSHIP | 2,446 | 1.6% |
| TAIKI SASADA | 1,990 | 1.3% |
| YUKI SASADA | 1,984 | 1.3% |
| THE BANK OF NEW YORK MELLON 140040 | 1,900 | 1.3% |
| HIKARI TSUSHIN, INC. | 1,827 | 1.2% |
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)