Returns to Shareholders

Dividend Policy

The Company recognizes that returning profits to shareholders is one of the most important management issues, and our basic policy is to pay dividends twice a year, an interim dividend and a year-end dividend, aiming for a consolidated payout ratio of 30% and over and an increase from the previous fiscal year, while securing the necessary internal reserves for future business development and enhancing the management structure.

*Extraordinary gains from the sale of shares in LOGISTEED, Ltd. (trade name changed from Hitachi Transport System, Ltd. on April 1, 2023) is excluded from the basic policy of the dividend resources in fiscal year ended March 31, 2023.

Status of Dividends

Annual dividend per share were 51 yen in the year ended March 31, 2023. The dividend forecast for the year ending March 31, 2024 is 52 yen per share.(As of January 26, 2024)

Annual dividend per share Year ended Year ended March 31,2020 22.0yen. Year ended March 31,2021 35.0yen. Year ended March 31,2022 50.0yen. Year ended March 31,2023 51.0yen.(forecast)

For convenience, the amounts of annual dividend per share are all shown as the amounts after the following share splits.

1:2 share split of common shares on November 1, 2020 (effective date)(140KB)

(As of January 26, 2024)
Dividend per share Remarks
Interim Year-end Annual
earnings forecast
26.00 yen 26.00 yen 52.00 yen
FY2023/3 25.00 yen 26.00 yen 51.00 yen
FY2022/3 20.00 yen 30.00 yen 50.00 yen
FY2021/3 18.00 yen
(including a special devidend of 5.00 yen)
17.00 yen 35.00 yen 1:2 share split
(November 1, 2020)

Purchase of Treasury Shares

Period of acquisition Total number of shares acquired Total value of the acquisition of shares
May. 1, 2023 - Sep. 22, 2023 4,769,200 shares 9.99 billion yen
Oct. 3, 2022 - Mar. 24, 2023 5,036,600 shares 10 billion yen

Cancellation of Treasury Shares

The Company does not have any plans to cancel treasury shares at present.

Shareholder Special Benefit Plans

The Company does not have any plans to implement shareholder special benefit plans at present.

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