Dividend Policy (as of March 31, 2018)


Osaki Electric places the return of profit to shareholders as one of its core management policies. The company considers the continual distribution of a steady dividend to shareholders as the premise, with additional performance-based dividends as basic policy. Retained earnings are applied to R&D investments and capital expenditures towards the long-term increase of enterprise value, and will be leveraged effectively for future business efforts that improve performance.


The articles of incorporation allow for an interim dividend. Consequently, basic policy establishes semi-annual dividends from surplus as an interim dividend and year-end dividend. The board of directors authorizes the interim dividend, and the general shareholders meeting authorizes the year-end dividend.


For the operating year under report, the annual dividend is 20 yen per share (of which 10 yen was the interim dividend).

Fixed date on shareholder's right for common dividend

March 31

Fixed date on shareholder's right for interim dividend

September 30

Change of the dividend

2015/03 2016/03 2017/03 2018/03 2019/03 2020/03
Dividend Per Share(Yen) 1Q ------
3Q ------
FY-End 9.006.0012.0010.0010.0010.00
Total 15.0012.0020.0020.0020.0020.00
Amount of Dividends(Millions of Yen) 613537959976978-
Payout Ratio(%) 20.235.924.836.654.161.1
Ratio of Total Amount of Dividends to Net Assets(%)