KAITEKI Value for Tomorrow

Dividend

Expected Cash Dividends

As of November 4, 2020

Unit: Yen
Mid-term Year-end Total
2021 (Forecasts) 12 12 (Forecasts) 24 (Forecasts)
2020 20 12 32
2019 20 20 40
2018 15 17 32
2017 8 12 20

Dividend Policy

The basic policy of the Company for shareholder returns is to enhance its shareholder value by increasing corporate value. The Company works to pay stable dividends and maintain the consolidated dividend payout ratio at 30% of the medium-term profit level while keeping an eye to increasing retained earnings that will fund its future business activities.

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