Capital Management
Shareholder Return Policy
Pay dividends based on sustainable profit growth with a target dividend payout ratio of around 40%. Repurchase of own shares is conducted flexibly
In order to improve capital efficiency, we will maintain an appropriate level of equity capital and allocate surplus capital to growth investments and shareholder returns.
Regarding dividends, our basic policy is to distribute surplus twice a year, an interim dividend and a year-end dividend.
Dividend
| Fiscal Year | Annual dividend per share |
|---|---|
| FYE Mar 2022 | 50 yen |
| FYE Mar 2023 | 100 yen |
| FYE Mar 2024 | 110 yen |
| FYE Mar 2025 | 120 yen |
※For FYE Mar 2022, the annual dividend was 90 yen, including an interim dividend of 40 yen per share at Hokkoku Bank and a year-end dividend of 50 yen at the company.
Please check The Hokkoku Bank, Ltd. website below for Dividend record before the establishment of the Company.
Repurchase of own shares
| Repurchase period | Number of shares (in thousand) | Total value (in million yen) |
|---|---|---|
| May 2022 ～ Apr 2023 | 1,990 | 8,999 |
| May 2023 ～ Apr 2024 | 1,839 | 8,999 |
| May 2024 ～ Apr 2025 | 600 | 2,999 |
