Basic Policy on Distribution of Profits
The Group aims to increase enterprise value at a time of dramatic change
in our operating environment by continuing to develop new markets,
products and applications to generate sustained growth.
For this reason, management places priority on aggressively pursuing sustained investment funded from retained earnings, and at the same time ensuring a profit distribution. We aim for a basic dividend payout ratio of 20% on a
consolidated basis.
We have decided to pay an end-of-period dividend of ¥20 per share for the fiscal year ending March 31, 2011 as planned. Along with an interim dividend of ¥15 per share, the annual dividend becomes ¥35 per share for the fiscal year ending March 31, 2011. The payout ratio for the current fiscal period becomes 21.9% on a consolidated basis.


