Dividends

The Group's basic stance is to pay stable and continuous dividends to shareholders, and to pay dividends commensurate with periodic profits and to improve the dividend payout ratio. In addition, the Group strives to increase its internal reserves to contribute to investments for long-term and stable business development, technological development, and strengthening of its financial position.
In order to further clarify our commitment to enhance shareholder returns, we will aim for a consolidated dividend payout ratio of 35% or more, with a minimum consolidated dividend on equity (DOE) ratio of 2.5%, during the period of our medium-term management plan "JGP2028" (from Year ending March 31, 2025 to Year ending March 31, 2029).