Hanwa considers sustainable returns to shareholders to be one of the main policies. While stable dividend payment to shareholders is our primary policy, we dedicate to constant improvement in our profitability, aiming to increase dividends as improving our basic revenue level as well as returns from our strategic investments.
Our basic policy is to pay interim and year-end dividends in each fiscal year. The board of directors determines the interim dividend and the year-end dividend requires the approval of shareholders.
Retained surplus is used to achieve further gains in corporate value. For this purpose, Hanwa makes effective use of retained surplus to strengthen the operating base and fund growth of established businesses and the development of new businesses.
|Cash divedends per share||Net income per share
|Dividend payout ratio
Note: Effective October 1, 2017, HANWA consolidated its common shares at the ratio of 5 shares to 1 share. Accordingly, the impact of this share consolidation is taken into consideration in the amount presented for the fiscal year-end dividend per share for the year ended March 31, 2018, and the amount for the total annual dividends per share for the same fiscal year is omitted and shown as a dash.If the share consolidation was taken into consideration , the second quarter dividend and annual dividend for the fiscal year ended March 31, 2017 would be 50.00 yen and 125.00 yen, respectively.