Shareholder Returns
Shareholder return policy
The Company has positioned the distribution of profits to shareholders as one of its most important management priorities. Together with undertaking capital investments for the establishment of new stores and management innovations, working to achieve the Company’s growth, and strengthening competitiveness, the Company regards allocation of profits to shareholders in accordance with the operating results, in principle on a stable basis, as its basic policy on profit sharing, and makes efforts to realize it.
Aim for 8% ROE by the end of FY2027 and raise PBR above 1.0 × in the context of the longer-term target of 10% ROE
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Target total payout ratio: 80%
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Conduct flexible stock buy-backs
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Target consolidated dividend payout ratio: 40%
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Maintain a minimum annual dividend per share of 44 yen throughout the Medium-term Management Plan