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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
Dividend per share Graph
  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

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