Stocks and Dividends

General Stock Information

(As of March 31, 2017)

Number of shares authorized 399,396,000 shares
Number of shares issued 117,936,284 shares
Number of shareholder 14,215
Fiscal Year From April 1 to March 31 of the next year
Year-end dividend record date March 31
Interim dividend record date September 30
Shareholder registrar Mitsubishi UFJ Trust and Banking Corporation
Stock exchange registration Tokyo Stock Exchange, Inc
Reporting method Electronic Reporting on Electric Public-notice (Japanese only)


Basic Policy of Profit Distribution and Dividends for the Current and Next Fiscal Years

Constantly and consistently returning to shareholders the profits earned through business activities is one of our highest priorities. The fundamental policy is to pay a dividend based on results of operations. Retained earnings will be used effectively for development of new products, investments in manufacturing equipment, entering into new businesses and other attempts to respond to changes in the operating environment. We believe that these investments will contribute to future earnings, thereby enabling the Company to pay a large and stable dividend to shareholders.

Regarding dividends, following the auditing of accounts carried out in accordance with the Companies Act and the resolution by the Board of Directors, the Company plans to distribute a year-end dividend of 11 yen per share for the fiscal year ended on March 31, 2017. Added to the interim dividend of 10 yen, which has been distributed already, this will bring the annual dividend to 21 yen per share.

For the fiscal year ending on March 31, 2018, with our gratitude to all the shareholders who support us on a regular basis, we plan to pay interim dividends of 11 yen per share, year-end dividends of 11 yen per share bringing the annual total to 22 yen per share.