Return to Shareholders
Our shareholder return policy, dividends
Basic Policy
- Retain solid equity capital to secure the financial health and management stability that society demands of the company as the infrastructure of securities market, and provide stable long-term return of profits to shareholders by comprehensively considering revenues environment or investment plan. etc.
- Based upon this policy, we will strive to place more importance on shareholders return.
Shareholder Return Policy
With regard to shareholder returns, JSF will seek to further enhance them by striving for a total payout ratio of 100％ on a cumulative basis in the years from FY2021 through FY2025 (achievement of 5% ROE target) through agile implementation of dividend payments and share repurchases.
Dividend Payment Policy
- The annual per-share amount for FY2021 is, as announced on November 2, 2021, expected to be JPY30.
- As for the period from FY2022 through FY2025 (achievement of 5% ROE target), since JSF has set the aforementioned total payout ratio target, it will replace its established dividend policy (consolidated payout ratio of 60%) with a policy of actively aiming to pay an annual dividend per share of no less than JPY30.
Dividend per Share Trends
| FY2018 | FY2019 | FY2020 | FY2021 | FY2022(Forecast) | ||
| Annual | 22yen | 22yen | 26yen | 30yen | 32yen | |
| Interim | 11yen | 11yen | 11yen | 15yen | 16yen | |
| Year-End | 11yen | 11yen | 15yen | 15yen | 16yen | |
| Payout Ratio | 55.0% | 57.2% | 60.1% | 53.0% | 49.2% | |
| Amount of Shares Repurchased | 1.2billion yen | 0.5billion yen | - | 2.3billion yen | 3.0billion yen | |
| Total Payout Ratio | 87.8% | 71.0% | 60.1% | 97.6% | 103.4% | |
Share Buyback
Please see here concerning share back
Special Benefits for Shareholders
We do not have a system of special benefits for shareholders.
Press Release concerning return to shareholders
2 Nov, 2021
17 May, 2021
30 Apri, 2021
5 Feb, 2021
18 May, 2020
Apr 30, 2020
Feb 05, 2018
Nov 06, 2017
May 11, 2017
