Basic Dividend Policy on Appropriation of Profits

 Our basic policy, positioning the maximization of shareholder value as a key management priority, is to improve corporate value and shareholder interests over the medium and long term by proactively promoting shareholder returns, including share buybacks. This is achieved by taking cash flow into consideration and actively promoting investments essential for enhancing corporate value while maintaining strict investment  discipline, ensuring both capital efficiency and financial stability necessary to improve our corporate value while being conscious of the optimal capital structure.


 Based on this basic policy, regarding the dividend for the fiscal year ending March 31, 2027, the Company plans for basic dividend of 40.00 yen and an additional dividend of 80.00 yen per share, in total of annual dividend 120.00 yen per share (an interim dividend of 60.00 yen per share and a year-end dividend of 60.00 yen per share), as announced on February 3, 2026.

  Furthermore, regarding the own share repurchase conducted based on the resolution at the meeting of the Board of Directors held on May 29, 2026, as announced on September 18, 2026, the Company acquired 44,429,000 shares at a total repurchase amount of 122,480,506,523 yen. All of the own shares acquired through such repurchase were cancelled on October 2, 2026. For the status, please refer to “Notice Concerning Completion of Cancellation of Treasury Stock ” as announced on October  2, 2026.

 

 All of “K” LINE Group members are vigilantly dedicated to the accomplishment of our goals with one voice, and we appreciate your continued support and encouragement.

Dividend Information

As of November 4, 2026

2022/03 2023/03 2024/03 2025/03 2026/03 2027/03
(Expected)
Dividend Per Share(yen) 1Q ------
2Q 0.00300.00100.0050.0060.0060.00
3Q ------
FY-End 600.00300.00150.0050.0060.0060.00
Total 600.00-250.00100.00120.00120.00
Amount of Dividends(million yen) 56,244102,98159,52965,60576,566-
Payout Ratio(%) 8.715.658.921.757.079.8
Ratio of Total Amount of Dividends to Net Assets(%) 10.18.63.94.14.4-

1. The Company implemented a 3-for-1 stock split of common shares on October 1, 2022. The interim dividend per share for the fiscal year ended March 2023 represents the actual amount of dividend before the stock split. The full-year dividend for the fiscal year ended March 2023 per share is not presented as simple comparisons are not possible due to the implementation of the stock split, however, the full-year dividend per share based on the shares following the stock split is 400.00 yen.

2. The Company implemented a 3-for-1 stock split of common shares on April 1, 2024. The dividends per share for the fiscal year ended March 2024 and 2023 represent the actual amount of dividend before the stock split.

3. The dividends per share for the fiscal year ending March 2025 onward has been calculated taking into consideration the impacts from the stock split of common shares on April 1, 2024.

 

Share Buybacks

Buyback period    

Repurchase method

Total number of
shares repurchased

Total amount 

Release

From June 1, 2026
through

 September 18, 2026

Purchase on the Tokyo Stock Exchange through off-auction

own share repurchase trading (ToSTNeT-3) and Auction market on the Tokyo Stock Exchange

44,429,000 shares

122.5 billion yen

Notice Regarding the Status and Completion of Own Share Repurchase

From November 6, 2024
through

February 28, 2025
 

Purchase on the Tokyo Stock Exchange through off-auction own share repurchase trading (ToSTNeT-3) and Auction market on the Tokyo Stock Exchange

36,000,000 shares

75.3 billion yen

Notice Regarding the Status and Completion of Own Share Repurchase

From May 8, 2024
through July 24, 2024

Purchase on the Tokyo Stock Exchange through
off-auction own share repurchase trading (ToSTNeT-3)
and Auction market on Tokyo Stock Exchange

39,556,000 shares

90.9 billion yen

Notice Regarding the Status and Completion of Own Share Repurchase

From August 3, 2023
through October 18, 2023

Purchase on the Tokyo Stock

Exchange through

off-auction own share

repurchase trading (ToSTNeT-3)

and Auction market on Tokyo Stock Exchange

11,676,000 shares

56.2 billion yen

Notice Regarding the Status and Completion of Own Share Repurchase

From November 8, 2022
through March 24, 2023

Purchase on the Tokyo Stock Exchange through
off-auction own share repurchase trading (ToSTNeT-3)
and Auction market on Tokyo Stock Exchange

35,236,000 shares

89.5 billion yen

Notice Regarding the Status and Completion of Own Share Repurchase

1. Total amount is rounded off to the nearest 100 million yen.

2. We plan to continue acquiring “K” LINE stock up to the total maximum number and value concerned during the acquisition period.