Basic Policy on shereholder returns
The Company will return profits to shareholders based on the assumption that its businesses, particularly the redevelopment and building leasing businesses, will operate stably over the long term, and sufficient internal reserves for raising shareholder value will be secured. As a basic policy, the Company will aim for a consolidated total shareholder return ratio of 70% from fiscal 2020 to 2023 by drawing from returns on business investments while placing importance on the cost of capital and capital efficiency.
Paid and Planned Dividends
| 2020/03 | 2021/03 | 2022/03 | 2023/03 | 2024/03 (Forecast) |
|
|---|---|---|---|---|---|
| Annual dividends per share (Yen) | 56.0 | 77.0 | 95.0 | 104.0 | 116.0 |
| Interim dividend (Yen) | 25.0 | 32.0 | 41.0 | 50.0 | 58.0 |
| Year-end dividend (Yen) | 31.0 | 45.0 | 54.0 | 54.0 | 58.0 |
| Planned dividends (％) | 30.3 | 40.6 | 40.1 | 40.9 | 50.6 |
Note:The forecasts and other forward-looking statements stated in this reference material were compiled based on information available to the Company and certain assumptions considered reasonable at the time this material was compiled. Accordingly, we have no intention of guaranteeing that the views will become reality. Actual results may differ significantly from these forecasts due to various factors, including changes in our business environment.
The Status of Own Shares Repurchases
| Period for repurchases | Method of repurchases | Total number of shares to be acquired | Aggregate amount of acquisition cost |
|---|---|---|---|
| From May 2, 2022 to August 23, 2022 | Acquisitions on the Tokyo Stock Exchange | 646,100 shares | 2,499,817,973 yen |
| From February 1, 2022 to February 24,2022 | Acquisitions on the Tokyo Stock Exchange | 126,300 shares | 499,963,500 yen |
| From May 20, 2021, to November 8, 2021 | Acquisitions on the Tokyo Stock Exchange | 510,300 shares | 1,999,994,960 yen |
| From February 1, 2021, to March 2, 2021 | Acquisitions on the Tokyo Stock Exchange | 276,100 shares | 999,840,000 yen |
| From May 1, 2020, to September 4, 2020 | Acquisitions on the Tokyo Stock Exchange | 349,800 shares | 999,837,968 yen |
| From April 26, 2019, to October 31, 2019 | Acquisitions on the Tokyo Stock Exchange | 800,000 shares | 1,947,844,658 yen |
| From April 27, 2018, to July 13, 2018 | Acquisitions on the Tokyo Stock Exchange | 1,200,000 shares | 2,597,561,181 yen |