The Company’s basic dividend policy is to pay a minimum annual dividend of JPY 10 per share, and endeavors to increase the dividend when it has determined that a further return of profits is possible, after a comprehensive consideration of the appropriate level of internal reserves required for sustained growth, along with a consideration of the ongoing business performance.
Furthermore, the Company strives to achieve a total shareholder return ratio, which is the portion of the sum of dividend payouts and share repurchase amounts to profit for the year attributable to the owners of the Company, of 40% as a minimum. However, the Company has incorporated into its basic policy on shareholder returns the inclusion of an adjustment to the return ratio, for deducting the gains or losses on fair value estimates of operating investment securities, which is not accompanied by cash flow, from consolidated profit before income tax expense. Such an adjustment would be made according to the level of consolidated profit before income tax expense accounted for by the total amount of gains or losses on fair value estimates.
As for the fiscal year ended March 31, 2022, the Company implemented an interim dividend of JPY 30 per share, with September 30, 2021 as the record date. Moreover, the Company’s consolidated profit attributable to owners of the Company for the fiscal year ended March 31, 2021, which was announced today, was JPY 412,724 million. However, since the total amount of the gains on fair value estimates of operating investment securities and gains on negative goodwill from the consolidation of Shinsei Bank, Limited, etc. account for approximately 81% of the consolidated profit before income tax expense, an extremely high level, the Company has decided to make partial adjustments and plans to implement a year-end ordinary dividend of JPY 120 per share, an increase of JPY 20 year-on-year.
As a result, the planned annual dividend for the fiscal year ended March 31, 2022,will be JPY 150 (total dividend payout amount of JPY 36,770 million, total payout ratio of 10.0%).
Notice of Revision to Dividend Forecast (May 27)
Notice Regarding Dividend of Surplus (Year-end Dividend) (June 29)
Results and forecast at this fiscal year |
Yen |
End of 2Q | Year-end | Full-year | |
---|---|---|---|
Year ended March 31, 2022 |
30 | 120 | 150 |
Year ended March 31, 2021 |
20 | 100 | 120 |
Historical earnings |
Yen |
End of 2Q | Year-end | Full-year | |
---|---|---|---|
Year ended March 31, 2021 | 20 | 100 | 120 |
Year ended March 31, 2020 | 20 | 80 | 100 |
Year ended March 31, 2019 | 20 | Ordinary dividend 75 Commemorative dividend 5 (of the 20th anniversary) |
100 |
Year ended March 31, 2018 | 15 | 70 | 85 |
Year ended March 31, 2017 | 10 | 40 | 50 |
Year ended March 31, 2016 | 10 | 35 | 45 |
Year ended March 31, 2015 | 0 | 35 | 35 |
Year ended March 31, 2014 | 0 | 20 | 20 |
Year ended March 31, 2013 | 0 | 10 | 10 | Year ended March 31, 2012 | 0 | 100 | 100 |
Year ended March 31, 2011 | 0 | Ordinary dividend 100 Commemorative dividend 20 |
100 |
Year ended March 31, 2010 | 0 | Ordinary dividend 50 Commemorative dividend 50 |
100 |
Year ended March 31, 2009 | 0 | 100 | 100 |
Year ended March 31, 2008 | 600 | 600 | 1200 |
Year ended March 31, 2007 | 600 | 600 | 1200 |
Year ended March 31, 2006 | - |
|
600 |
* SBI Holdings, Inc. executed a split of its shares at a ratio of 10 shares to 1 shares on October 1, 2012.