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 47 yen per share. On top of this, we will add a commemorative dividend of 10 yen per share to commemorate our 125th anniversary of founding, bringing the total dividend to 57 yen per share.
The Company plan to increase the ordinary dividend by 1 yen from the 47 yen for the fiscal year ended December 31, 2024 to 48 yen per share.
Dividend per share
2021/12
2022/12
2023/12
2024/12
2025/12
Interim
-
-
-
-
-
Year end
37.00
38.00
41.00
Ordinary dividend 47.00
commemorative dividend 10.00
48.00
(Forecasts)
Full year
37.00
38.00
41.00
Ordinary dividend 47.00
commemorative dividend 10.00
48.00
(Forecasts)
Payout ratio
2021/12
2022/12
2023/12
2024/12
2025/12
Payout ratio
33.8
36.2
33.8
20.5
32.1
(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 2024
(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)
751
2
(4) Use of treasury shares and ownership of treasury shares
Number of shares
Value (million yen)
Stock sold/distributed to
third parties
7,500,000
23,154
Stock canceled
480,000
1,300
Stock involving mergers,
exchanges of shares and divestitures
-
-
Others
(exercise of stock options)
13,500
36
Treasury shares held
129,492
-