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Shareholder Return Policy
Basic policy for shareholder return
Our basic policy is to appropriately conduct profit distribution to shareholders mainly by maintaining stable dividend payment while securing necessary internal reserves, taking into account the performance and the demand for the future capital needs estimated based on the business development plan, etc. We do not set a target value for the dividend payout ratio. Our policy is to pay out dividend in accordance with the profit, in addition to the basic dividend.
Regarding the internal reserves, we plan to invest in the development and manufacturing, etc. of our in-house products that makes the most of our strengths, in order to enhance our corporate value by improving the business performance.
JLL conducted 2-for-1 stock split for its common stock, with an effective date of October 1, 2015.
JLL conducted 2-for-1 stock split for its common stock, with an effective date of December 1, 2016.
Therefore, the dividend payout ratios of the period from the fiscal year ended March 31, 2012 to the fiscal year ended March 31, 2016 have been retroactively revised reflecting the impact of the stock split.
Furthermore, the dividend payout ratio for the fiscal year ended March 31, 2014 is not indicated due to the net loss.