Returns to shareholders
The Company recognizes the importance of properly returning profits to shareholders, our basic policy is accordingly to provide stable shareholder returns while ensuring a balance with internal reserves.
Based on this policy and with comprehensive consideration of factors including the current financial situation and share price trends,, we will consider repurchasing our own shares in a flexible manner as part of our shareholder returns. In addition, we plan to formulate a quantitative shareholder return policy in the medium term.
The Company's Articles of Incorporation states that "The dividend of surplus, etc., shall be determined in accordance with the provisions of Article 459, Paragraph 1 of the Companies Act, and, unless otherwise specified by law, will be determined by a resolution by the Board of Directors." When paying dividends of surplus, we basically pay them twice a year as an interim dividend and a year-end dividend.