

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

FY2012 | FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 (Forecast) |
|
---|---|---|---|---|---|---|---|---|---|---|---|
Annual dividend |
75yen | 75yen | 75yen | 75yen | 100yen* | 75yen | 75yen | 75yen | 75yen | 75yen | 75yen |
Dividend |
83.6% | 150.9% | 67.5% | 43.4% | 49.9% | 32.4% | 51.4% | 27.3% | 30.0% | 32.8% | 28.2% |
*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.
Investor Relations

- BtoC Business(Retail/Wholesale Energy&Related Business)
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Melife-West Co., Ltd.
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Melife Co., Ltd.
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Melife-East Co., Ltd.
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Hidaka Toshi Gas Co., Ltd.
- BtoB Business(Energy Solution Business)
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Sinanen Co., Ltd.