Dividends
Basic Policy
Dividends are the basis for shareholder returns, which we consider to be one of the important management issues, and our basic policy is to pay stable dividends. We will not reduce dividends, but rather maintain a consolidated dividend payout ratio of 50% or more, during the period covered by the medium-term management plan "COPRO Group Build the Future 2027" (from FYE2023 to FYE2027), depending on the profit growth achieved through aggressive investment.
Dividends per Share
(Yen)
| FYE 2020 |
FYE 2021 |
FYE 2022 |
FYE 2023 |
FYE 2024 (Forecast) |
|
|---|---|---|---|---|---|
| Interim | 5.00 | 5.00 | 5.00 | 5.00 | 15.00 |
| Year-end | 10.00 | 12.50 | 15.00 | 20.00 | 30.00 |
| Commemorative Dividend (Year-end) | - | 1.25 | - | - | 5.00 |
| Annual | 15.00 | 18.75 | 20.00 | 25.00 | 50.00 |
| Dividend payout ratio (%) | 26.1 | 35.1 | 39.2 | 53.7 | 69.2 |
*The commemorative dividend is the memorial dividend for the market change of the First Section of the Tokyo Stock Exchange and Nagoya Stock Exchange for the fiscal year ending March 2021, and the commemorative dividend for the 5th anniversary of listing on the stock exchange for the fiscal year ending March 2024.
*We performed a stock split at a ratio of two shares per common share on April 1, 2021 and October 1,2023.
*We performed a stock split at a ratio of two shares per common share on April 1, 2021 and October 1,2023.
(Yen)
＊FYE2024 is a forecast
■Commemorative Dividend (Year-end)
■Year-end
■Interim
Share Split
We performed a share split at a ratio of two shares per common share on April 1, 2021 and October 1,2023.
Processing and Holding of Acquired Treasury Stock
(1) Treasury Stock Acquired with a Resolution at a General Meeting of Shareholders
There are no applicable matters.
(2) Treasury Stock Acquired with a Resolution at a Meeting of the Board of Directors
There are no applicable matters.
(3) Details of Treasury Stock Acquired without a Resolution at a General Meeting of Shareholders or a Meeting of the Board of Directors
FYE 2022 |
|
Acquired treasury stock |
75 shares |
(4) Processing and Holding of Acquired Treasury Stock
FYE 2023 |
|
Held treasury stock |
544,345 shares |