Shareholder Return Policy

Shareholder Return Policy

Our company recognizes shareholder returns as a key priority and adopts a basic policy of providing continuous and stable dividends in line with our performance.
・From the fiscal year ending March 2025 onwards, we aim for a dividend payout ratio of 30% or more.
・In principle, the frequency of dividend payout shall be twice a year (an interim dividend and a year-end dividend).
・Introduction of a shareholder benefits program (announced on December 24, 2024).

Dividend

Dividend per share(JPY) FY2020 FY2021 FY2022 FY2023 FY2024 (Forecast)
interim period dividends 0.0 8.0 8.0 9.0 13.0
fiscal year-end dividends 7.5 0.0 8.0 9.0 28.5
Special dividend 5.0
total 7.5 8.0 16.0 23.0 41.5
Payout ratio (%) 101.4% 12.8% 30.0%
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東京ラヂエーター製造株式会社
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