Regarding the dividends, the Company's basic policy is to carry out active redistribution of profits while placing the highest priority on paying stable dividends, by comprehensively reviewing the Company’s business performance and level of retained earnings. The Company has set a payout ratio target of 30% or more of net profit for the year attributable to owners of the parent company and pays interim and year-end dividends of surplus.
While the business environment remains challenging from the previous fiscal year (ending December 2022), the Company intends to follow through its priority of distributing stable dividends by putting the following scheme into action.
As per the forecast of the dividends for the fiscal year ending December 2023, the Company seeks to maintain its basic policy on stable dividend payment by setting the same amount as in FY 2022 (annual total of 50 yen per share consisting of 25 yen per share paid as interim dividend and another 25 yen per share as year-end dividend).