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. From a shareholders’return perspective, Star Micronics will set its annual dividend at ¥60 or more per share basically and a target total consolidated payout ratio of at least 50% including the repurchases of 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 (schedule) | 30.0 (estimated) |
| Fiscal Year | Interim Dividend per Share (Yen) | Year-End Dividend per Share (Yen) | Annual Dividend per Share (Yen) | Total Payout Ratio (%) |
|---|---|---|---|---|
| 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 |
| FY2/2014 | 17.0 | 17.0 | 34.0 | 125.2 |
| FY2/2013 | 15.0 | 15.0 | 30.0 | 54.9 |
* 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 |
|---|---|---|---|
| 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 |
|---|---|---|
| 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.