Dividend Policy

The Toridoll Group firmly believes that providing our shareholders with a suitable rate of return is one of our most important corporate objectives. Measures are in place to ensure ample internal reserves for covering the investments required to ensure growth of the group, while adopting a core policy that delivers stable, continual dividends in line with business performance.
Based on this policy, a decision was reached at the Board of Directors meeting held to May 15, 2017 to set the amount of annual dividends per share as of the end of March 31, 2017 at 26.00 yen.
The same policy is planned to be applied for dividends for the next fiscal year, with amount of annual dividends planned at 26.50 yen per share (dividends as of the end of fiscal year).

Changes in Dividends

  Year ended March 31, 2012 Year ended March 31, 2013 Year ended March 31, 2014 Year ended March 31, 2015 Year ended March 31, 2016 Year ended March 31, 2017
Amount of annual Dividends Per Share 15.50yen 16.50yen 8.00yen 10.00yen 24.00yen 26.00yen
(3,100) (※) (3,300) (1,600) (2,000) (4,800) (5,200)
Dividend Payout Ratio 19.9% 19.9% 37.0% 20.5% 19.9% 20.1%

(*) Stock was split at a ratio of 200 shares for one common stock, effective October 1, 2011.

Changes in dividends