Shareholder Returns and Dividends

Dividend Policy

Our basic policy is to distribute surplus twice a year as interim and year-end dividends. Following on from the fiscal year ended March 31, 2023 (FY2022), our dividend policy is to pay attention to the stability and sustainability of dividends while considering factors such as performance trends, financial condition, and cash flow position on a comprehensive basis.

For fiscal year ending March 31, 2024 (FY2023), the annual dividends per share is planned to be ¥86 (of which, the interim dividends per share is planned to be ¥43).

We consider the return of profits to shareholders to be an important goal for our management along with increasing medium to long term corporate value. To increase corporate value, we will make capital investments efficiently to further raise the sophistication of 5G, as well as continuing investments in new businesses.

We will continue to grow both telecommunications business and new businesses, striving to increase our corporate value and make an appropriate return of profit to shareholders.

Dividend History

Dividends per Share (JPY) Payout Ratio (Consolidated) (%)
Interim Year-end
Fiscal year ending March 2024 (Forecast) 86.0 43.0 (Forecast) 43.0 (Forecast) 96.7
Fiscal year ended March 2023 86.0 43.0 43.0 76.4
Fiscal year ended March 2022 86.0 43.0 43.0 78.2
Fiscal year ended March 2021 86.0 43.0 43.0 82.8
Fiscal year ended March 2020 85.0 42.5 42.5 85.6
Fiscal year ended March 2019 - - 37.5 83.3*
[Note]
  1. *
    Converted to annual ratio.

Share Buyback

Period of Acquisition Method of Acquisition Total Number of Shares Acquired Total Amount Paid for Acquisition
May 11, 2023
to March 31, 2024
Market purchase on the Tokyo Stock Exchange, Inc. through a discretionary investment account trade to a securities company Up to
56,300,000
Up to
JPY 100.0 billion
October 1, 2020
to March 5, 2021
Market purchase on the Tokyo Stock Exchange, Inc. through a discretionary investment account trade to a securities company 78,461,400 JPY 100.0 billion
August 6, 2019
to December 5, 2019
Open market purchase 46,000,000 JPY 68.7 billion

Press Releases

November 6, 2023 Notice Concerning Status of Share Buyback Program
October 4, 2023 Notice Concerning Status of Share Buyback Program
September 5, 2023 Notice Concerning Status of Share Buyback Program
August 7, 2023 Notice Concerning Status of Share Buyback Program
May 10, 2023 Notice Concerning Approval of Share Buyback Program
March 8, 2021 Notice Concerning Status of Share Buyback Program
December 6, 2019 Notice Concerning Status of Share Buyback Program