Shareholder Return Policy

  • Our key management policies are to enhance corporate value with proactive capital investment and to directly return profits to shareholders through dividends.
  • As our company's corporate value and financial position have improved, for the period from FY2023 to FY2025, the consolidated dividend payout ratio will be increased to 30% from 25% in FY2022, paying dividends in line with business performance. In addition, a minimum dividend of 150 yen per share will be introduced during this period, to prevent underpayment even at times of the lower end of the shipping market cycle.
  • If profit exceeds original expectations, capital controls such as additional shareholder return may be implemented with 9~10% of ROE target in mind.

Transition of Dividends