Shareholder Returns

We recognize that delivering returns to shareholders is a key management priority. As the Group has been in a growth phase, we have focused on strengthening retained earnings and investing in business expansion, thereby achieving steady growth. As a result, both revenue and earnings have significantly increased since our listing, and the company has entered a phase of stable profitability.

Under this business foundation, our fundamental policy is to pursue both sustainable earnings growth and shareholder returns. We will implement progressive dividends with a target payout ratio of 30%*, while aiming to increase dividends in line with profit growth.

Retained earnings will continue to be allocated to strategic growth investments that enhance our corporate value, while maintaining a sound financial position. Should investment opportunities fall short of expectations, we may also consider flexible share buybacks.

In principle, we plan to pay dividends annually at fiscal year-end (record date: December 31), subject to approval at the General Meeting of Shareholders. Additionally, our Articles of Incorporation authorize interim dividends (under Article 454, Paragraph 5 of the Companies Act) to be paid by resolution of the Board of Directors, with June 30 as the record date.