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.
Trends of Dividends Per Share
| Fiscal year | Interim | Year-End | Annual |
|---|---|---|---|
| FY2025 Forecast | ¥50 | ¥50 | ¥100 |
| FY2024 | ¥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 19, 2025 | June 2026 (scheduled) |