Dividend policy and results
We consider the return of profits to our shareholders to be an important management issue, and in the Management Policy, IINO COMMITMENT, we promise to enhance corporate value and implement rewarding shareholder returns by focusing on sustainable growth. We will pay dividends based on the following policy.
The Company will maintain dividend payments based on a payout ratio of 40% of full-year earnings as a basic policy, while introducing a dividend floor of ¥30 per share. In addition, the Company will flexibly conduct share buybacks while maintaining financial discipline, thereby further enhancing overall shareholder returns.
Changes in Dividends(announced on )
| FY2021 | FY2022※1 | FY2023 | FY2024 | FY2025 | FY2026(F) |
|---|---|---|---|---|---|
| Net income per share(JPY) | 220.96 | 186.61 | 173.60 | 145.47 | 114.36 |
| Interim dividend(JPY) | 27 | 25 | 25 | 24 | 23 |
| Year-end dividend(JPY) | 38 | 31 | 33※2 | 35 | 23 |
| Payout ratio(%) | 29.4 | 30.0 | 33.4 | 40.6 | 40.2 |
※1 Figures after applying retrospective adjustments due to changes in accounting policy.
※2 Breakdown of year-end dividend of FY2024 (Forecast); Ordinary dividend: 28.00 yen; Special dividend: 5.00 yen
(Note) The Company's Articles of Incorporation stipulate that the Company may pay interim dividends by resolution of the Board of Directors and that the record date for paying interim dividends shall be September 30 of each year.