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Shareholder Returns

Profit distribution policy (dividend principle)

The Group recognizes that one of the key management issues is the return of profits to shareholders and its basic policy of profit distribution is to set the total return ratio at 40% or higher, and to continuously pay an annual dividend of at least 46 yen as a stable dividend.

In order to further return profits to shareholders based on the progress of the Eighth Medium-term Business Plan, we have decided to increase the year-end dividend by 22 yen from the initial forecast of 24 yen per share to 46 yen per share, which together with the interim dividend of 24 yen per share, will result in an annual dividend of 70 yen per share.

And starting from the fiscal year ending March 31, 2027, the Company will aim to pay a dividend of 3% or more of DOE (dividend on equity), and in principle will pay a progressive dividend. In addition, the Company will flexibly return profits to shareholders through share buybacks and other means, taking into consideration market conditions, cash flows, and other factors.Based on this policy, for the next fiscal year, the Group expects to pay an annual dividend of 100 yen (an interim dividend of 50 yen and a year-end dividend of 50 yen).

Trend of Dividends and Payout Ratio

Interim (yen) Year-end (yen) Annual Total (yen) Consolidated Dividend
Payout Ratio (%)
Total return ratio
(%)
FY2017 18 20 38 41.7 -
FY2018 22 22 44 32.8 -
FY2019 23 23 46 40.4 -
FY2020 23 23 46 53.1 -
FY2021 23 23
46
32.9
-
FY2022 23 23 46 32.9 -
FY2023 23 24 47 26.0 37.4
FY2024 24 24 48 36.4 84.4
FY2025 24 46
(forecast)
70
(forecast)
87.8
(forecast)
223.2
(forecast)
FY2026 50
(forecast)
50
(forecast)
100
(forecast)
51.0
(forecast)

Shareholder Benefit Program (only in Japan).

The shareholder benefit program has been changed to a selective system.
Please find more details from the following page.

Number of Shares Held Description
100 to less than 200 shares Selected from a group product assortment,donation,etc. Equivalent to 1,000 yen
200 to less than 1,000 shares Selected from a group product assortment,donation,etc. Equivalent to 2,000 yen
1,000 shares or more Selected from a group product assortment,donation,etc. Equivalent to 3,000 yen
Number of Shares Held / Description 100 to less than 200 shares /
Selected from a group product assortment,donation,etc. Equivalent to 1,000 yen
200 to less than 1,000 shares /
Selected from a group product assortment,donation,etc. Equivalent to 2,000 yen
1,000 shares or more /
Selected from a group product assortment,donation,etc. Equivalent to 3,000 yen

Report on Donation through Shareholder Benefit Program

We donated funds equivalent to the shareholder benefit program of the shareholders who had selected a donation in the returns to the shareholders listed in the shareholder list as of March 31, 2025 and September 30, 2025 to Japan Kodomo Shokudo Support Center Musubie.

No. of shareholders who selected donation 2,079
Total donation money 2,940,000 yen
Donated on February 27, 2026

Japan Kodomo Shokudo Support Center Musubie has set up a vision of "Creating a society that does not ignore anybody through support for children cafeterias (kodomo shokudo)" and is undertaking activities based on the following three pillars: Supporting the children cafeteria network in each region, connecting with companies and organizations that wish to contribute to society to deliver their support to children cafeterias, and continuing awareness building through surveys and studies.