Dividends and Shareholder Returns
Basic Policy on Profit Distribution
Star Micronics positions the return and distribution of profits to shareholders as an important management priority.
With this in mind, the Company has put in place the basic policy of continuing to pay a progressive and stable annual dividend of at least ¥60 per share and committing to achieve a total payout ratio of at least 50%, including the repurchase of its own shares.
Transition of Dividends
Payments for Dividends
FY12/2023
| Payment Date | Dividend per Share（Yen） | |
|---|---|---|
| Interim | September, 2023 | 30.0 |
| Year-End | March, 2024 | 30.0 |
| Fiscal Year | Interim Dividend per Share (Yen) | Year-End Dividend per Share (Yen) | Annual Dividend per Share (Yen) | Total Payout Ratio (%) |
|---|---|---|---|---|
| FY12/2023 | 30.0 | 30.0 | 60.0 | 51.6 |
| FY12/2022 | 30.0 | 40.0 * | 70.0 | 44.6 |
| FY12/2021 | 29.0 | 29.0 | 58.0 | 79.3 |
| FY12/2020 | 28.0 | 30.0 | 58.0 | 118.2 |
| FY12/2019 | 28.0 | 28.0 | 56.0 | 73.8 |
| FY12/2018 | 27.0 | 27.0 | 54.0 | 55.2 |
| FY2/2018 | 25.0 | 27.0 | 52.0 | 53.1 |
| FY2/2017 | 24.0 | 24.0 | 48.0 | 257.3 |
| FY2/2016 | 23.0 | 23.0 | 46.0 | 52.3 |
| FY2/2015 | 19.0 | 25.0 | 44.0 | 39.5 |
* Breakdown of year-end dividend for FY2022 : Ordinary diviend ￥30.0 Special Dividend ￥10.0
Dividends
(Yen)
Repurchase of Own Shares and Retirement of Treasury Stock
Repurchase of Own Shares
| Repurchase Period | Number of Shares Repurchase (Shares) | Total Repurchase Cost (Yen) | Method of Repurchase |
|---|---|---|---|
| Nov 21, 2023 to Dec 12, 2023 | 548,400 | 999,852,600 | Open Market Purchase |
| May 12, 2023 to June 23, 2023 | 543,700 | 999,873,600 | Open Market Purchase |
| May 12, 2022 to June 10, 2022 | 1,000,000 | 1,650,071,000 | Open Market Purchase |
| December 9, 2021 to January 14, 2022 | 626,200 | 999,877,000 | Open Market Purchase |
| August 24, 2021 to October 7, 2021 | 1,000,000 | 1,573,293,400 | Open Market Purchase |
| August 13, 2019 to September 20, 2019 | 680,900 | 999,943,800 | Open Market Purchase |
| November 30, 2018 to December 17, 2018 | 495,400 | 799,882,100 | Open Market Purchase |
| July 12, 2018 to September 4, 2018 | 507,000 | 999,860,300 | Open Market Purchase |
| January 11, 2018 to January 19, 2018 | 258,600 | 599,779,300 | Open Market Purchase |
| September 1, 2017 to September 4, 2017 | 81,500 | 147,694,600 | Open Market Purchase |
| August 22, 2017 to August 31, 2017 | 218,500 | 396,986,300 | Open Market Purchase |
| October 3, 2016 to November 1,2016 | 1,000,000 | 1,372,567,600 | Open Market Purchase |
| July 1, 2016 to July 26,2016 | 581,800 | 649,229,990 | Open Market Purchase |
| June 2, 2016 to June 30,2016 | 889,500 | 1,037,640,896 | Open Market Purchase |
| June 1, 2016 | 2,619,000 | 3,313,035,000 | Off-Market Purchase |
| September 14, 2011 to October 14, 2011 | 1,000,000 | 759,351,000 | Open Market Purchase |
| September 3, 2010 to September 16, 2010 | 1,000,000 | 837,414,100 | Open Market Purchase |
| August 31, 2009 | 2,900,000 | 2,781,100,000 | Off-Market Purchase |
Retirement of Treasury Stock
| Retirement Date | Total Number of Shares to Be Retired (Shares) | Total Number of Pre- Retirement Issued Shares |
|---|---|---|
| January 31,2024 | 548,400 | 1.31% |
| August 4,2023 | 543,700 | 1.28% |
| August 5,2022 | 1,000,000 | 2.30% |
| February 4, 2022 | 626,200 | 1.42% |
| November 5, 2021 | 1,000,000 | 2.22% |
| November 8, 2019 | 680,900 | 1.49% |
| December 28, 2018 | 495,400 | 1.07% |
| September 28, 2018 | 507,000 | 1.08% |
| February 28, 2018 | 258,600 | 0.70% |
| October 31, 2011 | 1,000,000 | 2.08% |
| April 20, 2011 | 3,000,000 | 5.88% |
Special Benefit Plan for Shareholders
We do not have a special benefit plan for shareholders.