Nittobo Group strives to contribute to the realization of an enriched society,
serves as a valued corporate group in society, and commits to the creation of comfortable life.
Our basic capital policy is to maintain a capital structure that takes into account the balance between financial soundness and shareholder returns. In addition, we consider the dividend policy for shareholders as one of the most important management issues, and have established a basic policy of stable dividend growth by comprehensively considering the strengthening of the financial structure and the enhancement of internal reserves for future stable growth. In the medium- to long-term, we will return profits to shareholders with a target dividend payout ratio of 30% for steady earnings from FY2023 onward, when we will be on track for profit growth. We will also consider other flexible approaches to shareholder returns in accordance with our financial situation.