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ななつ星 in 九州

Shareholder Returns (Dividends)

Basic Policy

The Company places the return of profits to shareholders as one of its most important management policies. As such, the Company adopts a basic policy of carrying out stable and continuous dividend payments in accordance with its business performance.
The distribution of surplus dividends is decided at the general meeting of shareholders. In addition, the Company’s record date for its year-end dividend is every March 31. Furthermore, the Company’s Articles of Incorporation stipulate that the Company may pay interim dividends with a record date of September 30 through a decision by the Board of Directors.
The Company maintains a policy of distributing surplus dividends twice a year, once at the end of the interim term and again at the fiscal year-end. As for surplus dividends in FY 2017/3, the Company has decided to only issue a year-end dividend and intends to issue an interim dividend in FY 2018/3.
With the goal of a consolidated payout ratio of approximately 30% through FY 2019/3, the Company aims for a stable dividend per share. The Company will comprehensively evaluate and decide on dividend amounts for each business year giving careful consideration to trends in its business performance.
  • *Taking into account the fact that the period between the Company’s public listing and the year-end dividend record date is less than six months, the Company intends to decide on the FY 2017/3 year-end dividend amount based on a consolidated payout ratio of approximately 15%.

Dividend per share

FY 2017/3: ¥38.50
FY 2018/3: ¥78.00 (planned)