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Dividend
Fundamental Policy for Distribution of Earnings
One of our key management policies is to prioritize returns to shareholders and we are targeting a consolidated dividend payout ratio of 30% by taking various factors into consideration, including the financial position and cash flows, etc.
Dividend per share

| FY05 | FY06 | FY07 | FY08 | FY09 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| mid | end | mid | end | mid | end | mid | end | mid | end | |
| Dividend per Share |
¥10 | ¥16 | ¥12 | ¥14 | ¥12 | ¥14 | ¥12 | ¥12 | ¥0 | ¥3 |
| ¥26 | ¥26 | ¥26 | ¥24 | ¥3 | ||||||
