The DAIDOH LIMITED group counts among its responsibilities of the highest importance the returning of profit earnings to shareholders.
(1) Our basic policy for dividend payment to our shareholders is the distribution of profit earnings at levels commensurate to the results of business performance which also emphasize the stability of business operations.
(2) From the mid-range perspective, our basic policy for dividend payment is that 30% of consolidated ordinary income should be provided on a performance-related basis, and also that for the increased earnings portion of extraordinary gains or losses that generate cash flows (by sale of securities, etc., and sale of fixed assets, etc.) from the current period, 30% of such values should be added as a standard dividend source for years to come. Dividends which are proposed should be taken into consideration with a general view towards enhancement of the business environment and earnings retention, etc.
We also purchase treasury stock in a flexible manner as part of our strategy to maximize the income returned to shareholders. This part of the overall strategy is implemented based on a consideration of long-term investment efficiency.
Dividend (per share)
(yen)
