Profit Distribution Policy

The return of profit to our shareholders is one of our highest management priorities. The return of profit to our shareholders is one of our highest management priorities. To emphasize our shareholders, the Tsubaki Group’s basic profit allocation policy calls for consolidated earnings to be reflected in dividend payments. Funding status and financial standing will also be comprehensively considered as we aim to raise Tsubaki’s consolidated dividend ratio to 30%.

Dividend

We plan an annual dividend for FY2019 of 120 yen per share based on forecast consolidated results and the above dividend ratio policy.
(Interim dividend: 60 yen per share, year-end dividend: 60 yen per share)

Trend in dividend and dividend payout ratio (consolidated)