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Stock Dividend


We consider return to shareholders as well as enhancement of corporate value over the medium to long terms are major management issues.

Our basic principle of dividends is to adequately allocate profits based on the business performance on a continuous basis while aiming to secure stable business bases in a long terms as well as enhancing internal reserve.

As for dividend during the year ended March 31, 2014, we expect annual dividend of 35 yen with interim dividend of 17.5 yen and year-end dividend of 17.5 yen.


In order to strengthen financial standing and to cope with expected intensifying competition aimed at stable growth, we are utilizing internal reserve for :

  1. investment in building new stores, remodeling and increasing floor space
  2. investment in product development to adequately meet various needs of the customers
  3. investment in information system aiming for management efficiency improvement

to strive for the stabilization and expansion of business bases.


FY2012 Annual Report(eBook)