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Dividends

Dividend Policy

In order to play a sufficient role as a company with sustainable development, we are striving to strengthen our management base and profitability while securing funds for growth, such as new business investment and capital investment, and to increase shareholder returns by enhancing corporate value. In line with our basic policy of returning profits to shareholders in line with business performance, we have been targeting a consolidated dividend payout ratio of 30%, but in order to further enhance returns to shareholders, we will strive to maintain continuous and stable dividends by raising the consolidated dividend payout ratio to 40% from the fiscal year ending May 31,2025.

Dividends per share for Current Fiscal Year

* Special Dividends

As announced in the "Resolution to Pay Special Dividend and Revision of Dividend Forecast for the Fiscal Year Ending May, 2024" dated April 12, 2024, the Company resolved to pay a special dividend of 60 yen per share for each of the five fiscal years from the fiscal year ending May 31, 2024 to the fiscal year ending May 31, 2028 as a measure to increase shareholder returns following the sale of shares of consolidated subsidiaries during the fiscal year ended May 31, 2024.

(yen)

  Interim Year-end Annual Payout Ratio (consolidated)
Fiscal year ending May 31, 2025 - 75
(Ordinary dividend) 15
(Special dividend) 60
75
(Ordinary dividend) 15
(Special dividend) 60
226.0%

(As of July, 2024)

Past Records of Dividends per Share

(yen)

  Interim Year-end Annual Payout Ratio (consolidated)
Fiscal year ended May 31, 2024 - 75
(Ordinary dividend) 15
(Special dividend) 60
75
(Ordinary dividend) 15
(Special dividend) 60
3.1%
Fiscal year ended May 31, 2023 - 35 35 22.5%
Fiscal year ended May 31, 2022 - 35 35 15.9%
Fiscal year ended May 31, 2021 - 30 30 17.3%
Fiscal year ended May 31, 2020 - 19 19 124.9%
Fiscal year ended May 31, 2019 - 18 18 35.6%
Fiscal year ended May 31, 2018 - 13 13 37.2%
Fiscal year ended May 31, 2017 - 12 12 -
Fiscal year ended May 31, 2016 - 12 12 181.3%
Fiscal year ended May 31, 2015 - 12 12 206.3%
Fiscal year ended May 31, 2014 - 10 10 71.2%
Fiscal year ended May 31, 2013 - 1,000 1,000 61.3%
Fiscal year ended May 31, 2012 - 1,000 1,000 1,269.4%
Fiscal year ended May 31, 2011 - 1,000 1,000 90.8%
Fiscal year ended May 31, 2010 - 500 500 88.5%
Fiscal year ended May 31, 2009 600 650 1,250 149.8%
Fiscal year ended May 31, 2008 1,200 1,300 2,500 35.2%
Fiscal year ended May 31, 2007 1,000 1,000 2,000 20.0%

Cash dividends were paid by Pasona Inc. until an interim cash dividend for the fiscal year ended May 31, 2008. Since a year-end dividend for the fiscal year ended May 31, 2008, dividends were paid by Pasona Group Inc.
The Company implemented a 1:100 stock split on its common stock with an effective date of December 1, 2013, at the same time, adopted a unit share system that set unit share at 100 shares.