Yamane Medical Co.,Ltd.

<h3>3. Dividend Policy</h3>

Our basic policy is to provide stable and steady dividend increases in line with profit growth, while balancing appropriate profit returns to shareholders with the internal reserves necessary to strengthen our management foundation.


The decision-making bodies for dividend distributions are as follows: the shareholders' meeting for year-end dividends, and the board of directors for interim dividends, with our articles of incorporation providing that interim dividends may be paid as of September 30 each year.


Regarding retained earnings, we intend to make selective and effective investments that will reliably enhance corporate value. These investments will prepare us for anticipated changes in the business environment and unforeseen circumstances, ensure steady business growth aligned with Japan's welfare system direction, and support business transformation and strategic initiatives aimed at creating new customer value in response to the diversifying needs of an aging society.


Regarding dividends for the current fiscal year,we have achieved profitability after four consecutive years of losses. In recognition of shareholders' support during the extended non-dividend period, and after comprehensively assessing current fiscal year performance and financial soundness, we plan to resume dividends at 1 yen per share. This results in an expected dividend payout ratio of 3.0% for the current fiscal year.


Going forward, we are committed to securing earnings to maintain stable dividend payments and meet shareholders' expectations and support.


The dividend distribution for the current fiscal year is as follows:

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Date of Resolution

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Total Dividend Amount


(Million Yen)

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Dividend per Share


(Yen)

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<ix:nonNumeric name="jpcrp_cor:DateOfResolutionDividendsOfSurplus" contextRef="FilingDateInstant_Row1Member" format="ixt:dateerayearmonthdayjp">June 27, 2019</ix:nonNumeric>

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Our basic policy is to provide stable and steady dividend increases in line with profit growth, while balancing shareholder returns with the internal reserves needed to strengthen our business foundation. We are able to pay dividends twice per year, and we plan to use retained earnings for investments in new facility openings, business transformation, and strategic business initiatives.

Yamane Medical Co.,Ltd. (E05596) Dividends

Dividend Policy

Dividend per Share

Payout Ratio

Dividend Yield

Dividend History (Forecasts, Revisions, Actuals)