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 |