Shareholder Return Policy

Basic policy for shareholder return

Our basic policy is to appropriately conduct profit distribution to shareholders mainly by maintaining stable dividend payment while securing necessary internal reserves, taking into account the performance and the demand for the future capital needs estimated based on the business development plan, etc. We do not set a target value for the dividend payout ratio. Our policy is to pay out dividend in accordance with the profit, in addition to the basic dividend.

Regarding the internal reserves, we plan to invest in the development and manufacturing, etc. of our in-house products that makes the most of our strengths, in order to enhance our corporate value by improving the business performance.


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