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Dividends

Dividend Policy

SMK considers returning profits to shareholders as one of its top management priorities. During the current Medium-Term Business Plan period (FY2024-FY2026), we aim to provide dividends with a target Dividend on Equity ratio (DOE) of approximately 2%, with the premise of maintaining financial soundness in response to changes in the business environment.
Our basic policy is to distribute retained earnings as dividends twice a year, through interim and year-end dividends. The interim dividend is determined by the Board of Directors, while the year-end dividend is resolved at the General Meeting of Shareholders.

Dividend Trends

Dividends Per Share

Fiscal year Interim Year-End Annual
FY2024 Forecast ¥50

¥90

¥140
FY2023 ¥50 ¥50 ¥100
FY2022 ¥0 ¥100 ¥100
FY2021 ¥0 ¥70 ¥70
FY2020 ¥0 ¥50 ¥50

Dividend Payment Information

Interim Year-End
Record Date for Dividend Payment September 30 March 31
Dividend Payment Date November 20, 2024 Scheduled for late June 2025