Policy for Dividend
TOHO HOLDINGS believes that returning earnings to its shareholders is one of its most important management tasks and recognizes its obligation to improve its earnings per share. With respect to the allocation of earnings, we intend to maintain the basic dividend policy of paying stable dividends, considering year-on-year changes in operational performance. We also seek to retain adequate earnings to augment the Company’s earnings structure and to provide for future market fluctuations.
Stockholder dividend
| FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 （Expected） |
||
|---|---|---|---|---|---|---|---|
| Dividend Per Share(yen) | 1Q | - | - | - | - | - | - |
| 2Q | 20.00 | 15.00 | 15.00 | 16.00 | 18.00 | 25.00 | |
| 3Q | - | - | - | - | - | - | |
| FY-End | 20.00 | 15.00 | 15.00 | 16.00 | 22.00 | 40.00 | |
| Total | 40.00 | 30.00 | 30.00 | 32.00 | 40.00 | 65.00 | |
| Amount of Dividends(million yen) | 2,815 | 2,115 | 2,116 | 2,200 | 2,544 | - | |
| Payout Ratio(%) | 17.1 | 42.4 | 15.8 | 16.3 | 12.5 | 25.1 | |
| Ratio of Total Amount of Dividends to Net Assets(%) | 1.2 | 0.9 | 0.9 | 0.9 | 1.1 | - | |