Dividends / Shareholder return

When paying dividends, the Company places emphasis on the dividend payout ratio (40%), but on the other hand, it places greater emphasis on the amount of dividends.
If profits decline, the dividend payout ratio will increase if the company continues to pay the same amount of dividends, but this cannot be said to be increasing returns to shareholders.
We believe that we can increase returns by continuing to increase dividends by continuing to increase profits, thereby increasing our reputation in the stock market and increasing our market capitalization.
From the fiscal year ending March 2023, we have increased dividends based on this idea, although profits have decreased due to efforts to significantly increase compensation to improve the treatment of temporary staff.

For the fiscal year ending March 31, 2025, compared to the past two years, we have implemented an even greater increase in compensation for temporary staff, resulting in a significant decrease in profit, so we have had to reduce the dividend. However, we consider this is an investment for the future. We will strive to realize our medium- to-long term business plan until the fiscal year ending March 2029 and increase sales, profits, and dividends once again.