Policy for distribution of profits
- The Company considers the ongoing growth of its corporate value to be the most important return to its shareholders. The Company’s basic policy on the payment of dividends from surplus is to continue to provide stable dividends while securing sufficient retained earnings for its medium- and long-term business development. In line with this policy, the Company has targeted a consolidated dividend payout ratio* of 35%, taking into account factors such as operating revenue and the cash flow situation.
- Retained earnings will be utilized as a source of funds for business expansion, including capital investment and R&D investment to enhance existing businesses and cultivate new businesses, investment in human resource development, and strategic investment such as M&A. Retained earnings may also be utilized to purchase treasury stock, as part of the Company’s flexible capital management aimed at improving capital efficiency and responding to changes in the business environment.
- In accordance with Article 459 of the Companies Act, the Company stipulates in its Articles of Incorporation that it may pay dividends from surplus by a resolution of the Board of Directors based on record dates of 30th September and 31st March.
NRI believes that a consistent increase in corporate value is the greatest return for shareholders. Meanwhile, we aim to maintain stable dividends with a target consolidated dividend payout ratio of 35%.
*NRI implemented a 1:1.1 common stock split on October 1, 2015 and January 1, 2017 and 1:3 common stock split on July 1,2019, but no adjustment has been made to the dividend per share.
|Dividend Per Share(yen)||1Q||-||-||-|
|Amount of Dividends(million yen)||19,323||21,824||-|
|Ratio of Total Amount of Dividends to Equity Attributable to Owner of Parent (Consolidated)(%)||6.1||7.5||-|
・These data are prepared based on the financial results reports.
・The frequency of updates may change in accordance with changes to the format of the financial results reports.
・Please see the financial results reports and other materials for detailed information regarding the settlement of accounts.
・The contents of these data will not immediately reflect corrections to the financial results reports when announced.
・While we pay due caution to the conversion of data for the posting, please note that there is a possibility that errors may occur in the information due to uncontrollable circumstances, such as the unauthorized alteration of contents by a third party or mechanical defects resulting from equipment malfunction.