Distribution to Shareholders

Dividend policy

Returning adequate earnings to shareholders is as important to us as strengthening our financial condition and management fundamentals. As such, we are determined to distribute earnings to shareholders in line with business performance.

Retained earnings will be used to enhance capital through a balance of investments for the long-term growth of corporate value, and in strengthening the group's financial condition to facilitate flexible capital policies.

Dividends to shareholders
Annual dividend per share
Earnings per share
*Shares in Funai Soken Holdings were split at a ratio of 1:1.2 on January 1, 2016. For the purposes hereof, annual dividend per share and earnings per share for FY 2012-2015 are shown based on post-split assumptions.


Return-to-shareholders ratio
Dividend on equity ratio

Financial position 2012 2013 2014 2015 2016
 
Annual Dividend per share (after split) (yen) 21.7 24.2 26.17 30.0 36.0
Dividend per share (before split) (yen) 26 29 32 36 36
Net income per share (yen) 39.27 58.70 52.15 71.75 75.61
Return-to-shareholders ratio (%) 55.2 41.2 51.1 52.7 67.0
Dividend payout ratio (%) 55.2 41.2 51.1 41.8 47.6
Dividend on equity (%) 5.2 5.4 5.6 5.9 6.5