DAIKEN

Shareholder return (Dividend/Share Repurchase)

Basic policies for capital and shareholder distributions

  • Our capital policy is based on striving for effective management that places emphasis on return on equity (ROE) while being aware of the capital cost and improving corporate value by improving shareholder return and optimizing the balance between financial soundness and strategic investments.
  • For shareholder distributions, the goal is a dividend payout ratio of at least 30% while maintaining a stable dividend and aiming for the distribution of earnings linked with results of operations.
  • Decisions about the repurchase of stock will be made based on the current level of capital, the market environment and other applicable considerations.
  • Shareholders’ equity will be effectively used for the improvement of production, sales and construction systems as well as for new businesses, global operations and other activities in order to achieve medium- and long-term growth and build a solid foundation for business operations.

Transition of Dividend per Share

Dividend per Share (yen) Dividend Payout Ratio ROE
Interim dividends Year-end dividends Fiscal year (total)
FY2022/3 (Nov.12 forecast) 45.00 50.00 95.00 30.9% 11.4%
FY2022/3 (Oct.6 forecast) 45.00 45.00 90.00 31.3% 10.7%
FY2022/3 (May.14 forecast) 40.00 40.00 80.00 34.7% 8.6%
FY2021/3 30.00 40.00 70.00 32.4% 9.1%
FY2020/3 35.00 35.00 70.00 33.4% 9.5%
FY2019/3 37.00 37.00 74.00 42.4% 7.8%
FY2018/3
35.00 39.00 74.00 30.3% 11.7%
FY2017/3 25.00 39.00 64.00 30.1% 11.7%
FY2016/3 26.25 23.75 50.00 30.4% 9.8%
FY2015/3 18.75 18.75 37.50 33.6% 7.0%
FY2014/3 18.75 18.75 37.50 37.0% 7.0%
配当及び配当性向

(Note) The company consolidated shares at a rate of one share per five as of October 1, 2016. The past figures were also consolidated retrospectively for ease of comparison.

Share Repurchase

Period of Share Buyback Aggregate Number of Shares Repurchased (shares) Aggregate Amount of Repurchase (yen)
November 9, 2015 1,000,000 357,000,000
November 10, 2014 963,000 241,713,000
May 13, - June 16, 2014 3,000,000 878,974,000
November 16, - November 29, 2010 1,000,000 214,696,000
July 30, - August 12, 2010 1,000,000 234,216,000
February 23, 2010 300,000 77,100,000
December 3, - December 22, 2008 2,000,000 364,605,000
November 12, - November 27, 2007 1,000,000 260,501,000

Cancellation of treasury stock

Date of cancellation of shares Aggregate Number of Cancelled Shares (shares) Issued shares before amortizationPercentage to total (%)
June 5, 2015 5,000,000 3.82