Stock dividends

Stock dividends

The Sangetsu Group regards the increase of capital efficiency and the expansion of shareholder returns as important management matters, and its basic policy is to stably increase dividends. The Group works to implement a flexible capital policy through the acquisition of treasury shares, etc.

The annual dividend for the fiscal year ending March 2024, including the interim and year-end dividends, was ¥140 per share, marking the 10 consecutive annual dividend increases. The annual dividend for the fiscal year ending March 2025 is expected to be ¥150 per share.

Acquisition of Treasury Shares

Acquisition period Total number of shares acquired (shares) Total amount of acquisition (yen) Acquisition method
2021/10/11~2022/1/13 695,000 1,103,973,100 Purchase through discretionary trading by securities company
2021/8/11~2021/10/7 500,000 798,802,300 Purchase through discretionary trading by securities company
2021/5/13~2021/8/10 500,000 784,809,700 Purchase through discretionary trading by securities company
2020/12/14~2021/3/16 279,600 432,912,700 Purchase through discretionary trading by securities company
2019/8/5~2019/12/23 491,400 970,311,700 Purchase through discretionary trading by securities company
2019/2/6~2019/6/21 632,100 1,302,173,379 Purchase through discretionary trading by securities company
2018/9/18~2019/1/21 1,000,000 2,093,308,880 Purchase through discretionary trading by securities company
2018/5/14~2018/8/20 1,000,000 2,195,488,500 Purchase through discretionary trading by securities company
2018/1/15~2018/4/27 1,258,000 2,780,589,800 Purchase through discretionary trading by securities company
2017/9/11~2017/12/22 951,000 1,911,762,578 Purchase through discretionary trading by securities company
2017/7/3~2017/9/5 1,000,000 1,973,517,777 Purchase through discretionary trading by securities company
2017/2/13~2017/4/28 662,600 1,276,012,296 Purchase through discretionary trading by securities company
2016/7/11~2016/8/30 500,000 939,611,100 Purchase through discretionary trading by securities company
2016/2/5~2016/4/26 1,500,000 3,018,278,579 Purchase through discretionary trading by securities company
2015/11/10~2015/12/16 2,500,000 5,686,828,991 Purchase through discretionary trading by securities company and off-auction treasury share repurchase trading system
2015/6/11~2015/9/16 760,900 1,499,906,480 Purchase through discretionary trading by securities company
2015/2/13~2015/4/27 1,653,700 2,999,862,768 Purchase through discretionary trading by securities company
2014/11/10~2015/2/10 2,114,600 2,999,907,879 Purchase through discretionary trading by securities company

* On April 1, 2015, the Company conducted a share split at a ratio of 2 shares for every 1 share of common shares. Per-share data have been adjusted to reflect the current standard.

Retirement of Treasury Shares

Date of retirement Total number of shares retired (shares) Ratio of total issued shares before the retirement Total number of issued shares after retirement (shares)
2022/3/31 700,000 1.16% 59,200,000
2021/10/29 500,000 0.82% 59,900,000
2021/8/31 500,000 0.82% 60,400,000
2021/5/31 250,000 0.40% 60,900,000
2020/6/30 600,000 0.97% 61,150,000
2020/1/31 500,000 0.80% 61,750,000
2019/7/31 600,000 0.95% 62,250,000
2019/2/28 1,000,000 1.56% 62,850,000
2018/9/28 1,000,000 1.54% 63,850,000
2018/5/31 1,200,000 1.81% 64,850,000
2018/1/31 950,000 1.41% 66,050,000
2017/9/29 400,000 0.59% 67,000,000
2017/5/31 670,000 0.98% 67,400,000
2016/9/30 500,000 0.72% 68,070,000
2016/6/3 600,000 0.86% 68,570,000
2016/1/29 2,500,000 3.48% 69,170,000
2015/11/16 830,000 1.14% 71,670,000
2015/5/29 1,600,000 2.15% 72,500,000
2015/3/6 2,098,480 2.75% 74,100,000
2014/12/12 4,178,000 5.48% 76,198,480

* On April 1, 2015, the Company conducted a share split at a ratio of 2 shares for every 1 share of common shares. Per-share data have been adjusted to reflect the current standard.