Shareholder Returns
Dividend Policy
The Company considers returning profits to shareholders to be an important management priority. The Company’s basic policy is to return profits to shareholders through continuous and stable dividends targeting a consolidated dividend payout ratio of approximately 40% while comprehensively taking into account the balancing of internal reserves aimed at strengthening the long-term corporate foundation essential for a certified broadcasting holding company that fully owns terrestrial, BS, and CS broadcasting operators, the management environment, business performance for each fiscal year, investment plans, and cash-flow trends. In addition, excluding times of large declines in performance and other factors due to deterioration in the business environment, the annual minimum dividend per share will be set at 60 yen.
Dividend Trend
| Dividend per share (yen) | Payout ratio (Consolidated) |
|||
| Second quarter-end | Fiscal year-end | Total | ||
| FY27/3 (Forecast) | 50 | 50 | 100 | 40.2% |
| FY26/3 | 30 | 40 (incl. special dividend of 10 yen) |
70 | 23.8% |
| FY25/3 | 20 | 40 (incl. special dividend of 10 yen) |
60 | 23.6% |
| FY24/3 | 20 | 40 (incl. commemorative dividend of 10 yen) |
60 | 35.6% |
| FY23/3 | 20 | 30 (incl. special dividend of 10 yen) |
50 | 30.6% |
| FY22/3 | 20 | 30 (incl. special dividend of 10 yen) |
50 | 24.2% |
| FY21/3 | 20 | 20 | 40 | 32.8% |
| FY20/3 | 20 | 20 | 40 | 16.1% |
| FY19/3 | 20 | 30 (incl. commemorative dividend of 10 yen) |
50 | 41.6% |
| FY18/3 | 20 | 30 (incl. special dividend of 10 yen) |
50 | 33.8% |
| FY17/3 | 20 | 20 | 40 | 26.9% |
