Distribution of Profits
Policy for Earnings Distributions
The Company recognizes that returning profits to shareholders is a critical task of management.
The Company’s shareholder return policy calls for a total return ratio of 40% based on consolidated performance metrics during the
four-year Mid-Term Management Plan which spanned from 2022 to 2025. It also stated that the Company was to provide a stable annual cash dividend of at least 38 yen per share.
The Company will offer a dividend of 41 yen per share for the fiscal year under review in response to strong financial performance.
The Company plans to pay a dividend of 52 yen per share for the fiscal year ending December 31, 2024, which consists of a commemorative dividend of 10 yen per share added to the ordinary dividend of 42 yen per share, in light of the significant expansion of the Company’s business in the milestone year of its 125th anniversary.
Dividend per share
2020/12
2021/12
2022/12
2023/12
2024/12
Interim
-
-
-
-
-
Year end
36.00
37.00
38.00
41.00
52.00
（Forecasts）
Full year
36.00
37.00
38.00
41.00
52.00
（Forecasts）
The 2024 year-end dividend（Forecasts） is the sum of an ordinary dividend of 42 yen and a commemorative dividend of 10 yen.
Payout ratio
2020/12
2021/12
2022/12
2023/12
2024/12
Payout ratio
43.0
33.8
36.2
33.8
24.9
（Forecasts）
Shareholder Benefits
Starting in 2019, qualified shareholders who have owned Kagome shares continuously for at least six months receive a collection of Kagome products once every year.
Click here for more information about shareholder benefits.
Purchases of treasury shares in 2023
(1) Purchases authorized by shareholder resolutions
None
(２) Purchases authorized by Board of Directors resolutions
None
(３) Purchases for other reasons
Number of shares
Value (million yen)
835
2
(４) Use of treasury shares and ownership of treasury shares
Number of shares
Value (million yen)
Stock sold/distributed to
third parties
-
-
Stock canceled
-
-
Stock involving mergers,
exchanges of shares and divestitures
-
-
Others
(exercise of stock options)
51,099
60
Treasury shares held
8,122,241
-
