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Dividends Policy

Basic Policies on Profit Distribution

The Company considers that the policies on shareholder dividends are some of the most important issues, and basically strives to pay steady and continuous dividends, strengthen and expand its earnings base corresponding to the rapid changes and development of industries, and accumulate internal reserves for active business development in the future.

Although the Company basically aims to pay steady dividends at each term-end, they will be paid in conjunction with performance results.

Dividends per Share

Year ended March 31 2006 2007 2008 2009 2010 2011
Interim dividends ¥700 ¥700 ¥700 ¥900 ¥700 ¥130
Year-end dividends ¥750 ¥900 ¥1,100 ¥500 ¥700 ¥420
Annual Dividends ¥1,450 ¥1,600 ¥1,800 ¥1,400 ¥1,400 ¥550

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