Dividend policy / Share buybacks / Shareholder benefits

Dividend policy and dividend forecast

PRONEXUS believes that returning profits to shareholders is a vital issue facing company management and implemets measures based on this belief. Our basic dividend policy is the stable, continuous payment of dividends, taking comprehensive evaluation of business performance and the business environment into account. The basic dividend payout ratio has been set at 50% or more.
For the fiscal year ended March 31, 2022, in addition to a midterm dividend of 16 yen already paid. The Company forecasts a year-end dividend of 16 yen per share, which based on the initial forecast. This is expected to result in an annual dividend of 32 yen.
Regarding the dividends for the next fiscal year, considering that our basic policy based on stable dividends, the Company forecasts an annual dividend of 32 yen, interim and year-end dividends of 16 yen each.

Share buybacks

PRONEXUS places importance on share buyback for treasury in consideration that it will contribute to returning profits to shareholders and improving capital efficiency. During the year under review, the Group repurchased 234,000 of its own shares. This means that the total return ratio, including dividends and share buybacks during the year, remains high at 69.4%.
In line with this objective, 2,000,000 shares of treasury stock were cancelled on 15 February 2021.

Dividends and Share Buybacks (Consolidated)

Shareholder benefits

PRONEXUS has introduced a shareholder benefit program to express its appreciation to shareholders for their continuous support as well as to make investing in PRONEXUS' stock more attractive so that shareholders retain shares for a long period of time.
[Content of the shareholder benefit program]
QUO prepaid cards presented based on the number of years and number of shares owned
(offered to shareholders recorded in the shareholder registry as of March 31 each year who own more than 100 shares)

  • * New benefit, effective from March 31, 2021, for shareholders who have held Company shares for 10 years or more (disclosed in January 29, 2021).
Number of shares owned Number of years owned
Less than 1 year 1 or more years but less than 3 years 3 or more years but less than 5 years 5 or more years but less than 10 years (New)
10 or more years
100 or more but less than 1,000 shares ¥500 QUO prepaid card ¥1,000 QUO prepaid card ¥1,500 QUO prepaid card ¥2,000 QUO prepaid card ¥3,000 QUO prepaid card
1,000 shares or more ¥1,000 QUO prepaid card ¥3,000 QUO prepaid card ¥5,000 QUO prepaid card ¥7,000 QUO prepaid card ¥10,000 QUO prepaid card
  • * The number of years owned will be verified according to same shareholder number are recorded consecutively in the shareholder registry.