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dividend policy

the basic policy of konoike transport is to provide continued and stable dividends in line with business performance and earnings, while also bolstering internal reserves. decisions regarding dividends consider the business performance and financial strength of the company in fiscal year in question, as well as medium- to long-term business strategies.
our basic policy is to pay dividends from surplus twice a year, and the company’s articles of incorporation stipulate that matters related to items under article 459, paragraph 1 of the companies act shall be determined by resolution of the board of directors, rather than resolution of the general meeting of shareholders, except as otherwise provided by law.
the dividend payout ratio and dividends for each fiscal year are as indicated below.