Dividends
Basic Policies
We define the return of profits to shareholders as one of our key management issues, and our basic policy is to continue to pay stable dividends while strengthening our financial position for long-term business expansion and to increase retained earnings.
Dividends paid in recent fiscal years
In light of the above basic policy on profit distribution, we have decided to set the annual dividend per share for the fiscal year ending December 31, 2023 at 63.00 yen per share, taking into consideration the overall need to strengthen our management structure and retain earnings for the continued growth of our business in the future.
Fiscal Year | Dividend per share | Dividend Patio |
---|---|---|
FY2014 | 17.00yen (Ordinary dividend 14.00yen) (Commemorative dividend 3.00yen) |
9.4% |
FY2015 | 32.00yen | 10.4% |
FY2016 | 21.00yen※ (Ordinary dividend 19.00yen) (Commemorative dividend 2.00yen) |
17.3% |
FY2017 | 25.00yen | 14.2% |
FY2018 | 30.00yen | 21.8% |
FY2019 | 30.00yen | 43.2% |
FY2020 | 10.00yen (Ordinary dividend 5.00yen) (Commemorative dividend 5.00yen) |
40.0% |
FY2021 | 15.00yen | 28.2% |
FY2022 | 20.00yen | 30.0% |
FY2023 | 63.00yen | 40.6% |
FY2024 | (Revised Forecast) 68.00yen | 40.3% |
※MUGEN ESTATE conducted a 2-for-1 split which became effective as of July 1, 2016.