（as of October 31, 2022）
| 2019/08 | 2020/08 | 2021/08 | 2022/08 | 2023/08 | 2024/08 （Expected） |
||
|---|---|---|---|---|---|---|---|
| Dividend Per Share(yen) | 1Q | - | - | - | - | - | - |
| 2Q | 15.00 | 15.00 | 10.00 | 11.00 | 12.00 | 22.00 | |
| 3Q | - | - | - | - | - | - | |
| FY-End | 15.00 | 15.00 | 10.00 | 11.00 | 12.00 | 12.00 | |
| Total | 30.00 | 30.00 | 20.00 | 22.00 | 24.00 | 34.00 | |
| Amount of Dividends(million yen) | 796 | 774 | 504 | 557 | 608 | - | |
| Payout Ratio(%) | 83.1 | - | 44.0 | 56.6 | 74.6 | 104.5 | |
| Ratio of Total Amount of Dividends to Net Assets(%) | 5.6 | 6.5 | 5.1 | 5.3 | 5.5 | - | |
（as of July 10, 2020）
We have a shareholder benefit program for shareholders in order to express our gratitude for the continued support of our shareholders, make investment in the Company shares more attractive, and increase shareholders who hold Company shares over the long term.
1. Eligible shareholders
Shareholders holding one unit (100 shares) or more of the Company's stock who are listed or recorded in the shareholders' register as of August 31 of each year are eligible.
The following changes will be made to the shareholder benefit plan for shareholders listed or recorded in the shareholders' register as of the end of August 2020.
We would appreciate your understanding in this matter.
2. Details of benefits
QUO Cards (QUO Cards) will be presented to shareholders who hold one unit (100 shares) or more of the Company's stock.
The face value of the QUO Cards will vary depending on the number of shares held and the number of years of continuous ownership as follows.
|
Continuous holding period of less than 3 years |
Continuous holding period of 3 years or longer |
|---|
|
100 shares or more but less than 500 |
Equivalent to 500 yen |
Equivalent to 1,500 yen |
|
500 shares or more but less than 1,000 |
Equivalent to 1,000 yen |
Equivalent to 2,000 yen |
|
1,000 shares or more |
Equivalent to 1,500 yen |
Equivalent to 2,500 yen |
The special benefit is offered once a year to shareholders as of August 31.
The number of years of shareholding refers to the period of continuous holding of the aforementioned shares from the date of entry in the Company's shareholder registry as a shareholder.
Continuous holding for more than three years means that the same number of shares have been listed or recorded seven or more consecutive times in the shareholders' register at the end of February and August of each year.
3. Timing of gift
The Company plans to send the gift once a year after the Company's annual shareholders' meeting in November.
