Basic policy on profit distributions

As a means of ensuing sustainable profit growth and improving corporate value, Seikagaku believes in the sharing of profits with its shareholders.

Seikagaku recognizes the return of profits to shareholders as an important management concern and has set a policy of linking the distribution of dividends to business performance. While taking into consideration future business expansion and the payout of total returns, the Company has also set a basic policy of examining the purchase of the Company's treasury stock when appropriate. For the term of the new mid-term management plan, the Company strives for continuous shareholder returns. For fiscal 2019, the Company keeps in place its forecast for dividend distributions of ¥26 per share; for fiscal 2020 and fiscal 2021, in consideration of business profits, it aims for a dividend payout ratio of 50%.

In addition, in order to solidify the business foundation and improve capital efficiency, the Company will direct its business investment toward R&D and the establishment of a production system for creating new value, and will also actively carry out initiatives for strategic investments with prospects for future growth and synergy effects.
 

Dividends

FY2017 FY2018 FY2019 FY2020 FY2021 FY2022
(Expected)
Dividend Per Share(yen) 1Q ------
2Q 13.0013.0013.0013.0010.0015.00
3Q ------
FY-End 18.0013.0013.0013.0014.0015.00
Total 31.0026.0026.0026.0024.0030.00
Amount of Dividends(million yen) 1,7541,4711,4661,4661,3541,128
Payout Ratio(%) 98.337.565.4-31.846.4
Ratio of Total Amount of Dividends to Net Assets(%) 2.52.02.02.22.2-

Share buy-backs in the past