For Individual Investors

4Dividend Policy

We will endeavor to maintain a stable dividend and increase dividend per share, targeting a consolidated dividend payout ratio of 25% or more
Dividend per share (¥ per share)

The company’ dividend policy is to maintain a stable dividend and Increase dividend per share, targeting a consolidated dividend payout Ratio of more than 25%.

The company’s performance for the first six months of the fiscal year exceeded the business plan targets announced on April 28, 2017, mainly because of increase of Automotive production related business and renewable energy businesses.

the company has revised its currency exchange rate and other assumptions in response to changes in economic conditions and has revised its consolidated earnings forecast to 125 billion yen from previous forecast 110 billion yen.
Additionally, due to revision to the full-year earnings outlook, interim dividend revised to 45yen dividend per share(previous forecast +6yen)and fiscal yearend dividend to 90 yen (previous forecast +12yen)