Investor Relations
Shareholder Return
Dividend policy
The Company’s primary use of capital is to invest for its long-term business strategy in order to achieve sustainable profit growth and increase enterprise value. The Company believes that this approach will contribute to the common interests of shareholders. The Company also considers the return of capital to its shareholders in the form of dividends to be an important part of its capital allocation strategy. The Company strives to continuously pay stable per-share dividends considering its long-term cash needs and financial position.
The Company may consider implementing share repurchase programs, depending on the capital market environment and the outlook of its financial position.
The Company basically declares dividends twice a year.
Matters stipulated in Article 459, Paragraph 1 of the Companies Act of Japan, including cash dividends, are not resolved at the Annual Meeting of Shareholders, but at Board of Directors meetings, unless otherwise provided by laws and regulations.
Dividends
Based on the Company's dividend policy, which aims for the continuous payment of stable dividends, the Company has determined interim and year-end dividend forecasts of 11.50 yen per share, respectively, resulting in a total dividend for FY2023 of 23.00 yen per share, an increase of 1.00 yen per share from the previous fiscal year.
| Year | Dividend per share | ||
|---|---|---|---|
| Sep. 30th | Mar. 31st | Total | |
| Results for FY2013 - Year Ended Mar. 31, 2014*
|
― | ¥8.67 | ¥8.67 |
| Results for FY2014 - Year Ended Mar. 31, 2015
|
― | ¥15.67 | ¥15.67 |
| Results for FY2015 - Year Ended Mar. 31, 2016
|
― | ¥16.67 | ¥16.67 |
| Results for FY2016 - Year Ended Mar. 31, 2017
|
― | ¥21.67 | ¥21.67 |
| Results for FY2017 - Year Ended Mar. 31, 2018
|
¥11.00 | ¥12.00 | ¥23.00 |
| Results for FY2018 - Year Ended Mar. 31, 2019
|
¥13.50 | ¥14.50 | ¥28.00 |
| Results for FY2019 - Year Ended Mar. 31, 2020
|
¥15.00 | ¥15.00 | ¥30.00 |
| Results for FY2020 - Year Ended Mar. 31, 2021
|
¥9.50 | ¥10.50 | ¥20.00 |
| Results for FY2021 - Year Ended Mar. 31, 2022
|
¥10.50 | ¥10.50 | ¥21.00 |
| Results for FY2022 - Year Ended Mar. 31, 2023
|
¥11.00 | ¥11.00 | ¥22.00 |
We implemented a 10-for-1 stock split on Jul. 31, 2014.
We implemented a three-for-one stock split of our common stock with a record date of Jun. 30, 2017 and an effective date of Jul. 1, 2017.
Accordingly, the above annual dividend for the year ending Mar. 31, 2018 takes into account the said stock split. Annual dividend for the year ending Mar. 31, 2018 without considering the stock split will be ¥69. Then the dividends per share before FY 2016 are computed retrospectively.
Stock Repurchases
| Repurchase period | Number of Shares (Shares) | Total amount (Yen) |
|---|---|---|
| Aug. 26, 2016 | 7,643,300 | 29,999,952,500 |
| From Sep. 19, 2019 through Nov. 29, 2019
|
22,259,600 | 79,999,688,129 |
| From Dec. 07, 2020 through Feb. 26, 2021
|
15,157,100 | 68,576,962,887 |
| From Jan. 31, 2022 through Mar. 01, 2022
|
26,555,258 | 121,649,636,898 |
| From Dec. 1, 2022 through Jan. 06, 2023
|
25,599,500 | 107,971,260,900 |
| From May. 18, 2023 through Jun. 14, 2023
|
18,827,759 | 62,621,126,434 |
| From Oct. 3, 2023 through Oct. 31, 2023
|
10,580,722 | 43,888,834,856 |
Except acquisition falling under Article 155, Item 7 of the Companies Act of Japan
Cancellation of Treasury Stock
| Cancellation date | Number of Shares(Shares) |
|---|---|
| Nov. 21, 2014 | 8,710,900 |
Hospitality Programs for Shareholders
Recruit Holdings Co., Ltd. does not have hospitality programs for shareholders.