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|
|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.