Dividends & Dividend Policy
Dividend Policy
MJC recognizes the return of profits to shareholders as one of the most important management issues. We strive to establish a stable business base and improve return on equity. Also, it is our basic policy to continuously provide a stable dividend after giving full consideration to matters including business performance and payout ratio.
Dividend & Dividend Payout Ratio
| FY2014 (2014/9) |
FY2015 (2015/9) |
FY2016 (2016/9) |
FY2017 (2017/9) |
FY2018 (2018/9) |
|
|---|---|---|---|---|---|
| Cash dividends per share (Yen) | 30 | 55 | 15 | 10 | 19 |
| Commemorative dividend included (Yen) | ― | 5*1 | 5*2 | ― | ― |
| Dividend payout ratio (%) | 19.5 | 19.0 | 113.3 | 33.8 | 29.7 |
| *1 FY2015: | Commemorative dividend for 45th anniversary |
| *2 FY2016: | Commemorative and interim dividend for the stock market listing change to 1st Section of Tokyo Stock Exchange |