Dividends

We strive to deliver long-term and stable redistribution of profits to our shareholders in principle, while taking into account business performance for the term, future fiscal status and the amount to be held as internal reserves.

The Company's basic policy is to pay dividends from surplus twice a year, an interim dividend and a year-end dividend, taking into account trends in business performance and other factors. The Articles of Incorporation stipulate that the Company may pay dividends from surplus, etc. by a resolution of the Board of Directors in accordance with Article 459, Paragraph 1 of the Companies Act, while the year-end dividend is scheduled to be resolved at the General Meeting of Shareholders.

Based on the above basic policy, the Company declared an interim dividend of 8.50 yen per share and a year-end dividend of 8.50 yen per share for the current fiscal year.

The Company's basic policy regarding the use of retained earnings is to direct them toward the development of new products and the improvement of existing products, as well as toward proactive investments that contribute to the strengthening and expansion of the Company's business, such as the creation of new businesses and the development of business foundations.