Shareholder return

Policy on profit distribution

We engage in the railway business and other businesses of highly public nature. Our basic policy on profit distribution is thus maintaining stable profit distribution, considering results and internal reserves necessary for developing businesses and strengthening the management foundation.

Dividend

  2022/03 2023/03 2024/03 2025/03 2026/03
Result-dividend per share-2nd quarter 2.8 2.8 4.3 6.0 9.0
Result-dividend per share-fiscal year end 2.8 3.8 8.7 15.0 9.0(forecast)
Result-dividend per share-total 5.7 6.7 13.0 21.0 18.0(forecast)
Payout ratio (%) - 12.4 7.4 14.6 -

*On January 1, 2025, we carried out a three-for-one stock split of our common shares.
The dividend performance until the interim period of March 2025 is stated in amounts converted after the stock split.

*The dividend amount for the fiscal year ending March 2024 (year-end/annual) includes a special dividend of 2.7 yen.

*The dividend amount for the fiscal year ending March 2025 (year-end/annual) includes a special dividend of 5 yen.

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