hero
Investor Relations

Dividends and Shareholder Returns

Basic Dividend Policy

In terms of profit distribution, Artner comprehensively considers future business developments, earnings, the management environment, as well as the strengthening of its management foundations, and positions the supply of stable dividends to its shareholders as top-priority management task.To improve capital efficiency, we aim to achieve an ROE of 20% or higher as a result of remaining committed to various initiatives

While taking into account earnings trends and other factors, Artner’s basic policy calls for the biannual distribution of retained earnings in the form of interim and year-end dividends. The distributions of retained earnings are decided by the general shareholders meeting in the case of the year-end dividend and by the board of directors in the case of the interim dividend.

Internal reserves are set aside to address projected future changes in the management environment and invest efficiently in enriching our pool of human resources, etc.

Stock Splits

*Fiscal year ended January 31

Results Period Effective Date Split Ratio
FY2019
(Reporting Period 57)
April 1, 2018 1 : 2
FY2018
(Reporting Period 56)
February 1, 2017 1 : 2
FY2012
(Reporting Period 50)
February 1, 2011 1 : 3
FY2008
(Reporting Period 46)
June 22, 2007 1 : 4

Shareholder benefits

Artner’s basic policy is to reward shareholders through shareholder dividends, and the company offers no shareholder benefits.

Dividends

※Fiscal year ended January 31

Results Period Dividend
per share
(DPS; ¥)
Payout
Ratio
(%)
Dividend
Yield
(%)
Dividend
on equity
(DOE; %)
Share price
(period-
start/
opening
price; ¥)
Dividend
per share (¥)
before
retroactive
adjustment
FY2025
(Reporting
Period 63;
estimated)
80.00 72.1 3.70 2,188
FY2024
(Reporting
Period 62)
75.00 7.45 7.45 19.2 1,000
FY2023
(Reporting
Period 61)
60.00 71.2 6.86 16.7 874
FY2022
(Reporting
Period 60)
34.50 50.3 4.00 10.9 862
FY2021
(Reporting
Period 59)
23.00 38.9 2.89 8.4 797
FY2020
(Reporting
Period 58)
20.50 35.5 2.22 8.6 923
FY2019
(Reporting
Period 57)
18.00 35.4 1.67 8.9 1,081
FY2018
(Reporting
Period 56)
15.00 33.1 3.61 8.9 416 30.00
FY2017
(Reporting
Period 55)
11.25 32.9 3.75 8.0 300 45.00
FY2016
(Reporting
Period 54)
8.75 33.6 4.97 7.4 176 35.00
FY2015
(Reporting
Period 53)
6.25 31.5 4.24 6.2 148 25.00
FY2014
(Reporting
Period 52)
5.00 44.7 2.69 5.4 186 20.00
FY2013
(Reporting
Period 51)
8.75 32.4 9.86 10.9 89 35.00
FY2012
(Reporting
Period 50)
5.00 26.9 8.13 8.2 62 20.00
FY2011
(Reporting
Period 49)
50
FY2010
(Reporting
Period 48)
88
FY2009
(Reporting
Period 47)
6.67 35.5 5.23 7.2 128 80.00
FY2008
(Reporting
Period 46)
7.50 30.2 2.25 4.9 334 90.00
FY2007
(Reporting
Period 45)
3.13 17.0 6.8 150.00

Payout ratio (%) = Dividend per share (total) / net profit per share × 100

Dividend yield (%) = Dividend per share (total) / Share price (period-start/opening price) × 100

Dividends on equity (%) = Dividend per share (total) / (Net assets per share at period-start + Net assets per share at period-end) / 2 × 100

Dividend per share and share price (period-start/opening price) data were retroactively revised to factor in the impact of stock splits conducted as follows.

・ June 22, 2007 (4-for-1 stock split)
・ February 1, 2011 (3-for-1 stock split)
・ February 1, 2017 (2-for-1 stock split)
・ April 1, 2018 (2-for-1 stock split)

TOPに戻る