Dividend Policy

The Company has set "ROE" (return on equity) as an important management indicator (KPI) in aiming for the improvement of corporate value, and aims to maintain and improve its level over the medium- to long-term.

With regard to the distribution of profits, the Company will pay dividends to shareholders taking comprehensively into account matters such as its financial situation and ROE level while promoting investments that contribute to the improvement of corporate value.

In addition, the Company will implement various measures for the improvement of capital efficiency as required, such as the acquisition and retirement of treasury shares, to respond to shareholders.

During the period of the 2026 medium-term management plan, the Company will aim for the strengthening of profitability by diverting funds towards growth investment positively, and will pay dividends aiming for a consolidated dividend payout ratio of 50% to control capital and achieve the sustainable improvement of ROE. In addition, the Company has set the lower limit of the consolidated dividend on equity ratio (DOE) at 4.0%, and will implement stable dividends.

Shareholder Benefits

NITTO KOGYO does not provide preferential treatment to shareholders.