Dividend Policy
Dividend Policy
The Group considers returning profit to shareholders the most important management policy. Our
basic policy is to provide stable dividends with a consolidated payout ratio of 30% or more.
We plan to allocate internal reserves to expanding our business domains and capital expenditures to strengthen our
business foundation.
Additionally, the basic policy for the number of dividends is to provide one dividend at the end of the fiscal year.
Dividend History
FY2015 | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 (Forecast) |
|
---|---|---|---|---|---|---|---|---|---|---|---|
Annual |
75yen | 75yen | 100yen* | 75yen | 75yen | 75yen | 75yen | 75yen | 75yen | 75yen | 75yen |
Dividend |
67.5% | 43.4% | 49.9% | 32.4% | 51.4% | 27.3% | 30.0% | 32.8% | 171.2% | - | 45.3% |
*Includes 90th anniversary commemorative dividend of 25 yen.
Note:On October 1, 2016, the Company carried out reverse share split on ordinary shares at a one for five ratio.
Figures prior to that have been restated to reflect the post-reverse share split.
Note:On October 1, 2016, the Company carried out reverse share split on ordinary shares at a one for five ratio.
Figures prior to that have been restated to reflect the post-reverse share split.
Purchase of treasury shares
Purchase period | Number of shares to be purchased | Total amount for share purchase (Yen) |
---|---|---|
December 22,2017 | 2,104,000 | 5,403,072,000 |
Cancellation of treasury shares
Cancellation period | Number of shares to be canceled |
---|---|
January 19,2018 | 2,104,000 |
Stock split
No stock splits have been conducted within the last five years.
Reverse stock split
Effective date | Reverse stock split ratio |
---|---|
October 1,2016 | 5 : 1 |
Investor Relations
- BtoC Business(Retail/Wholesale Energy&Related Business)
- Melife-West Co., Ltd.
- Melife Co., Ltd.
- Melife-East Co., Ltd.
- BtoB Business(Energy Solution Business)
- Sinanen Co., Ltd.