Shareholders Return Policy
The basic policy of Shimizu is to strengthen the company's financial condition to provide a base for long-term development and to pay out stable dividends. Under this policy, the minimum annual dividends per share will be 20 yen and the consolidated dividend payout ratio will be roughly 40% by returning shareholders profits earned through growth.
Also, we plan to continue the purchase of treasury stock, using proceeds from the sale of security holdings as the source of funds.
※Please click here for the status of reduction of security holdings.
Status of Shareholder Return
Dividend per Share
Total Amount of Dividends Purchase of Treasury Stocks

Total Amount of Dividends(Billion Yen) | Purchase of Treasury Stocks(Billion Yen) | Total Payout Ratio(%) | |
---|---|---|---|
FY2024 Forecast | 244 | 345 | 98.2 |
FY2023 | 145 | 254 | 233.0 |
FY2022 | 155 | - | 31.7 |
FY2021 | 170 | 200 | 77.5 |
FY2020 | 229 | - | 29.7 |