Dividend / Shareholder Returns

Dividends (as of November 11, 2021)

Basic Policy

The Company recognizes the return of profits to shareholders as an important management priority, and believes that constantly raising enterprise value is the key element in ensuring improved shareholder returns.

Dividend Per Share

  2018/3※ 2019/3 2020/3 2021/3 2022/3
Total (Yen) 58 68 68 51 60(forecast)
End of 2nd quarter (Yen) 20 22 22 10 18
Term-end (Yen) 38 46 46 41 42(forecast)

* The dividend per share for FY2017 includes a commemorative of ¥2 per share to make the company's 70th founding anniversary (an interim dividend of ¥1 per share and a year-end dividend of ¥1 per share).

Shareholder Benefit Program (as of March 31, 2021)

ESPEC does not offer such a program at this time.