We recognize the importance of returning profits to shareholders, and our basic policy for dividends is to aim for a consolidated payout ratio of 20% or a dividend on equity (DOE) of 5%, while aiming for a sustainable increase in corporate value by investing in business development, research and development, mergers and acquisitions, and other activities necessary for future growth.
While seeking to achieve continued increases in corporate value and taking into consideration the business performance in each fiscal year, the Company will continue to review dividend policy and provide returns to shareholders.

Presently, our basic policy for dividends is to pay out dividends twice a year through an interim dividend and a year-end dividend.