Information on dividend policies and profit distribution.
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Dividend Information
Disclosure of Information to Shareholders
Our top priority is to expand operations to enhance our corporate value, while we also consider giving profits back to our shareholders to be another of our critical management priorities.
We adopt a holistic approach to profit sharing, including returning profits to our shareholders and increasing retained earnings in preparation for strategic growth and expansion in the future.
Under our policy on shareholder returns, we will enhance shareholder returns through improved capital efficiency, stable and continuous payments, and agile and flexible acquisition of our own shares.
Specifically, we will aim to achieve a steady 3.0% or higher level for dividends on equity(DOE)(Note1) and a total return ratio(Note2) of 40% or more.
Note1：Dividends on equity = dividends paid / total equity attributable to owners of the parent
Note2：Total return ratio = (dividends paid ＋ treasury stock acquired) / net income attributable to owners of the parent
We use retained earnings to improve our performance, through initiatives such as actively investing in our business portfolio to facilitate further growth and expansion, and stepping up research and development to create innovative new technologies.