Fiscal 2016 Management Review

Return to Shareholders

In fiscal 2016, the Company provided a total return to shareholders of approximately ¥37.5 billion, comprising a cash dividend of ¥32.5 per share, an increase of ¥2.5 from the previous fiscal year, and a share buyback of around 10.6 million shares at a total cost of approximately ¥17.0 billion.
From fiscal 2016, the Company has implemented interim dividends in order to increase opportunities to return profits to shareholders.
The Company plans to pay an annual dividend of ¥35 per share for fiscal 2017, including an interim dividend of ¥17.5.

Return to Shareholders and Adjusted Net Income

Table: Return to Shareholders and Adjusted Net Income
  • 1 The Company implemented a share buyback from May to July 2015 as a shareholder return for the FY2014 earnings.
  • 2 The Company implemented a share buyback from May to July 2016 (approx. ¥14.0 billion) and from February to March 2017 (approx. ¥5.0 billion) as a shareholder return for the FY2015 earnings.
  • 3 The Company implemented a share buyback from May to June 2017 as a shareholder return for the FY2016 earnings.
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