Under its basic policy for return of profit, the Company has constantly kept paying dividends, while fully aware of the necessity to maintain sound financial position, and to provide sufficient retained earnings for active business development in the future, with the ultimate aim to maximize its corporate value.
For the current fiscal year, the Company decided to pay dividend of ¥4 per share (including ¥1 of commemorative dividend for listing on the First Section of the Tokyo Stock Exchange. ¥3 per share for the previous fiscal year), by the resolution of the Meeting of the Board of Directors held on February 14, 2014, in accordance with the aforementioned basic policy.
As a general rule of the Company, distribution of dividends of surplus is decided by the Board of Directors, and payment in principle is made once a year in the form of year-end dividend. Payment of dividends in accordance with the provisions of Article 459, Paragraph 1 of the Companies Act shall be subject to the flexile judgment allowing for the management circumstance and other factors.