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 remains 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 147 yen per share for its 127th business term.

Changes in Dividends per Share