【Dividend Policy】
The Company recognizes the return of earnings to shareholders as one of management’s highest priorities, with a fundamental policy of increasing dividends and maintaining a stable dividend on an ongoing basis while also considering its consolidated financial results and financial standing. Under this fundamental policy, the Company will continue to pay a progressive dividend with a target payout ratio of 30% or more the period of the long-term management plan SANYO VISION 2028. The Company will work to increase dividend per share by further strengthening its management structure to continuously enhance corporate value, thereby bolstering its ability to generate stable earnings. Meanwhile, we plan to use our internal reserves to make strategic investments in growth areas and expand our overseas business in the future. The Company plans to pay a year-end dividend for the fiscal year under review of 29 yen per share. Combined with the interim dividend of 28 yen per share already paid on June 13, 2025, this will bring the annual dividend to 57 yen per share.
The Company’s Articles of Incorporation state that, unless otherwise provided for by laws and regulations, the Company may make distribution of surplus based on a resolution of the Board of Directors.
The Articles of Incorporation also state that the Company may, by resolution of the Board of Directors, pay interim dividends, the record date of which shall be March 31 each year.
For the fiscal year ending September 30, 2026, we plan to pay a commemorative dividend of \20 per share in celebration of the 80th anniversary of our founding. As a result, the annual dividend is expected to be \80 per share, consisting of a regular dividend of \60 per share and a commemorative dividend of \20 per share (before giving effect to the stock split).
(Note) Distributions of surplus, the record date of which belongs to the fiscal year under review are as follows:
| Date of resolution | Total amount of dividends (thousands of yen) | Dividend per share (yen) |
| Resolution of meeting of Board of Directors held on May 9, 2025 | 806,684 | 28.00 |
| Resolution of meeting of Board of Directors held on November 10, 2025 | 835,495 | 29.00 |
| 2022/09 | 2023/09 | 2024/09 | 2025/09 | |
| 2Q | 19 | 21 | 22 | 28 |
| Year-end | 21 | 22 | 33 | 29 |
The Company announced the establishment of a Shareholder Benefit Program on August 3, 2026. Starting in 2026, shareholders who are listed or recorded in the Company’s shareholder register as of September 30 of each year and hold 500 shares or more will be eligible for the program.
Notice Regarding the Introduction of a Shareholder Benefits Program
