Basic policy on shareholder return
The basic policy of Shimizu is to declare dividends in line with business results, and we view strengthening the company’s financial condition to provide a base for long term growth and stable dividends as issues of importance to management.
The Mid-Term Management Plan <2019-2023> set a profit distribution policy to return profits earned through growth with a consolidated payout ratio target of 30%.
As for FY 2023, the consolidated dividend payout ratio target is planned to be roughly 40%.
|FY||Net income per share (JPY)||Dividends per share (JPY)||Dividend payout ratio (%)|