Dividend policy

Capital Strategy

Furukawa places great importance on improving returns of profits to all shareholders. Our basic policy is to appropriate profits after comprehensive consideration of various factors, including retained earnings required to finance capital expenditures and research and development expenses necessary to bolster earnings, as well as future business development and other factors. We strive to return profits to shareholders in a stable and ongoing manner. In principle, we aim to pay annual dividends from retained earnings of ¥50.00 per share or higher for a consolidated payout ratio of 30% or higher, based on consolidated earnings (excluding extraordinary income/loss situations).

Dividends per common share

(As of June 29, 2022)
Financial year end FY2019 FY2020 FY2021 FY2022 FY2023
Interim(Yen) 0 0 0 0 0
Year-end(Yen) 50 50 50 50 50 (Forecast)
Annual(Yen) 50 50 50 50 50 (Forecast)
* The Company conducted a 1-for-10 stock consolidation of shares of common stock, effective October 1, 2017.

Shareholder Benefits

Nothing in particular is being offered at present.