Return to Shareholders / Dividends
As of Mar 26, 2024
Dividend Policy
Nissan Shatai’s fundamental policy is to pay stable dividends on an ongoing basis. We aim to enhance shareholder returns during the period of the current Medium-term Management Plan, positioning the appropriate return of profits to shareholders as an important policy while securing investments for growth toward enhancing corporate value over the medium to long term.
Specifically, we will use the dividend payout ratio as an indicator for shareholder returns, and will strive to pay stable dividends on an ongoing basis with a target payout ratio of 30% or more, while taking into consideration the financial situation for capital investment and the like.
Based on the fundamental policy of paying stable dividends on an ongoing basis, the surplus at the end of fiscal 2023 (ended March 31, 2024) is planned to be distributed as a per-share dividend of 6.5 yen. Combined with the interim dividend (also 6.5 yen per share), it is forecasted to have the annual per-share dividend totaled 13.0 yen.
Dividend Trends
(Unit: yen)
| 2019/3 | 2020/3 | 2021/3 | 2022/3 | 2023/3 | |
|---|---|---|---|---|---|
| Interim dividend | 6.50 | 6.50 | 6.50 | 6.50 | 6.50 |
| Year-end dividend | 6.50 | 6.50 | 6.50 | 6.50 | 6.50 |
| Annual cash dividends | 13.00 | 13.00 | 13.00 | 13.00 | 13.00 |
Stock Splits
We have conducted no stock splits in the past ten years.
Purchase of Treasury Stock
(Unit: share)
| Number of shares held at start of fiscal year |
Number of shares purchased during fiscal year |
Number of shares of disposed of during fiscal year |
Number of shares held at end of fiscal year |
Proportion of total outstanding shares at end of fiscal year |
|
|---|---|---|---|---|---|
| 2023/3 (FY2022) |
21,786,755 | 75 | 0 | 21,786,630 | 13.86% |
(Note: All shares of treasury stock were cancelled on December 8, 2023.)
Shareholder benefits
We do not have a system of shareholder benefits.
