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 profits over the medium and long terms by proactively promoting shareholder returns, including share buyback. This is done 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 optimal capital structure.

 

 Based on this basic policy, regarding dividend for the current consolidated fiscal year ending March 31, 2025, the Company plans for the annual dividend per share to be 100.00 yen (basic dividend of 40.00 yen per share, additional dividend of 60.00 yen per share) announced on November 5, 2024. Of this, the interim dividend was decided to be 50.00 yen per share, and the year-end dividend is planned to be 50.00 yen per share.

 

 Regarding the dividend for the fiscal year ending March 31, 2026, and March 31, 2027, taking into account the comprehensive consideration of performance prospects and other factors, in accordance with the annual dividend of 85.00 yen per share announced on May 7, 2024, the Company plans to add an additional dividend of 15.00 yen per share, planning for an annual dividend of 100.00 yen per share (basic dividend of 40.00 yen per share, additional dividend of 60.00 yen per share).

 

 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 February 4, 2025

2020/03 2021/03 2022/03 2023/03 2024/03 2025/03
(Expected)
Dividend Per Share(yen) 1Q ------
2Q 0.000.000.00300.00100.0050.00
3Q ------
FY-End 0.000.00600.00300.00150.0050.00
Total 0.000.00600.00-250.00100.00
Amount of Dividends(million yen) --56,244102,98159,529-
Payout Ratio(%) --8.715.657.4-
Ratio of Total Amount of Dividends to Net Assets(%) --10.18.63.9-

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 (Forecast) 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 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.