Distribution of Profits and Dividends

Basic Policy on Dividends

Returning earnings to shareholders is one of the most important management policies at the GUNZE Group. Accordingly, the GUNZE Group strives to continue providing a stable dividend based on the medium-term business outlook, with a target payout ratio of approximately 50% on a consolidated basis. In line with this basic policy, it was determined to pay a period-end dividend of 7.5 yen per share for its 121st business term. GUNZE plans to pay a dividend of 80 yen per share for the subsequent business term (after the consolidation of stocks with October 1, 2017 as the effective date).

Changes in Dividends per Share