Shareholder Returns (Dividends, etc.)
Profit Return Policy
NISSO considers the redistribution of profits to shareholders and the enhancement of corporate value as key management issues, taking into consideration the balance between securing funds for growth investments and strengthening the corporate structure that can respond to changes in the business environment. In addition, by setting the consolidated dividend payout ratio of 30% as a general standard, NISSO basic policy is to continue to steadily redistribute profits to all of our shareholders.Furthermore, although NISSO considers the year-end dividends as a general principle, the Articles of Incorporation stipulate that it is possible to distribute dividends of surplus twice a year as interim dividends and year-end dividends in order to enhance the redistribution of profits to shareholders. As the decision-making body, the Board of Directors is determined to make it possible to flexibly carry out the payment of interim dividends while taking into consideration performance trends and other factors.
Dividend Trends
FY 3/2018 |
FY 3/2019 |
FY 3/2020 |
FY 3/2021 |
|
---|---|---|---|---|
Dividend(yen) | 10.50 | 18.50 | 25.00 | 20.10 |
Payout ratio(%) | 27.7 | 30.0 | 41.3 | 42.7 |
(Note) 2. Breakdown of dividends for FY 3/2021: Ordinary dividend of 15.10 yen, Commemorative dividend of 5.00 yen
Status of Acquisition of Treasury Shares, etc. (FY 3/ 2021)
(1) Status of Acquisition by Resolution of the General Meeting of Shareholders
Not applicable.(2) Status of Acquisition by Resolution of the Board of Directors
Not applicable.(3) Content of Items Not Based on a Resolution of the General Meeting of Shareholders or a Resolution of the Board of Directors
Not applicable.(4) Number of Treasury Shares Held
Classification | Current fiscal year |
Current period |
Number of treasury shares held (shares) | 366,381 |
366,381 |
The number of treasury shares held during the current period does not include the number of shares from the purchase of shares less than one share unit from June 1, 2021 to the date of submission of the Securities Report.