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
（per share:yen）
※Effective January 1, 2025, we carry out a three-for-one stock split of its common shares.
Dividends up to the interim of the fiscal year ending March 2025 are the amount converted after the stock split.
(The amount is rounded to the nearest decimal point.)
※①The dividend amount for the fiscal year ending March 2024 includes a special dividend of 2.7 yen.(It is converted by rounding to the second decimal place)
※②The dividend forecasts for the fiscal year ending March 2025 includes a special dividend of 5 yen.
| fiscal year | Dividend per share | ||
| Interim | Year-end | Annual | |
| 2025/3 | 6.0 | 11.0(forecasts) | 17.0(forecasts) |
| 2024/3 | 4.3 | 8.7 | 13.0 |
| 2023/3 | 2.8 | 3.8 | 6.7 |
| 2022/3 | 2.8 | 2.8 | 5.7 |
| 2021/3 | 2.8 | 2.8 | 5.7 |
| 2020/3 | 2.8 | 2.8 | 5.7 |
| 2019/3 | 2.5 | 3.2 | 5.7 |
| 2018/3 | 2.3 | 2.7 | 5.0 |
| 2017/3 | 2.0 | 2.7 | 4.7 |
| 2016/3 | 2.0 | 2.3 | 4.3 |
*Effective January 1, 2025, we carry out a three-for-one stock split of its common shares.
Dividends up to the interim of the fiscal year ending March 2025 are the amount converted after the stock split.
Since the amount is rounded to the nearest decimal point,
the sum of the interim dividend and the year-end dividend may not match the annual dividend.
*The dividend amount for the fiscal year ending March 2024 (year-end/annual) includes a special dividend of 2.7 yen.（Conversion after stock split）
*The dividend forecast for the fiscal year ending March 2025 includes a special dividend of 5 yen.
*As of October 1, 2016, the Company has changed the number of shares (changed from 1,000 shares to 100 shares)constituting one unit
and consolidated shares (2 shares of common stock merged into 1 share).
The results until the fiscal year ended March 31, 2017 have been translated after the consolidation of shares.
