Fundamental Policy
We are currently in a growth phase, and while our primary focus is to allocate funds acquired through business operations towards growth investments for business expansion, we also consider returning profits to shareholders as one of our top management priorities. Regarding dividends, our basic policy is to provide continuous and stable dividends with a target payout ratio of 10%, while considering the necessary allocation of funds necessary for future corporate value enhancement, such as capital investments. When distributing surplus funds, we anticipate paying dividends once a year as a year-end dividend. However, our Articles of Incorporation allow for interim dividends. Furthermore, unless otherwise stipulated by law, our company’s Articles of Incorporation state that matters listed in each item of Article 459, Paragraph 1, of the Companies Act, including dividends of surplus, can be determined by resolution of the Board of Directors.