The Group considers shareholder return as one of the most important management agendas, and aim to improve it through stable profit growth.
From fiscal 2019, the Group set the basic shareholder return policy to below.

- With a policy of consolidated payout ratio of 60% or higher, enhance shareholder return by realizing stable profit growth

- Purchases of treasury stock shall be considered based on our investment strategies, as well as market prices and liquidity of the Company’s shares

(Yen)

Note 1: Effective on April 1, 2017, POLA ORBIS HOLDINGS INC. have split its shares 4 for 1. The dividends as at December 31, 2016 are based on the pre-split number of shares.

Note 2: For the financial period December 2017 and thereafter, dividends are based on the post stock split.