Shareholder Returns
Policy
Tsumura believes that the return of profits to shareholders is one of its most important tasks. Its policy is to enhance corporate value through sustainable expansion of the domestic business, through investment in the growth of Chinese operations, and the development of the business foundation; and to determine shareholder returns by taking medium- and long-term profit levels and cash flow into account.
Our policy is to determine dividends based on a comprehensive judgment of the level of ROE, DOE and the equity ratio, which are key indicators, and to aim for a consolidated dividend payout ratio of 40% and seek to gradually increase this to 50% or higher by FY2031.
Announcement of Dividend
Dividends（JPY） and Payout Ratio
