Shareholder Returns Policy and Dividend Information

Shareholder Returns Policy

Link and Motivation’s fundamental dividend policy is to provide more proactive, long-term and stable shareholder returns after comprehensively considering issues including current-year results, the business environment outlook and investment plans. Link and Motivation will allocate its internal capital reserves to M&A that expands its business and increases efficiency, as well as investments in human resources and facilities to expand operations and increase corporate value. Furthermore, Link and Motivation will proactively introduce quarterly dividends in addition to interim and year-end dividends to provide flexible returns to its shareholders.

Dividend Information

Year 2013 2014 2015 2016 2017 2018 2019 2020
Dividends per share (Yen) 3.15 4.20 4.40 5.30 6.20 6.80 7.20
7.20
(Forecast)
Payout ratio 36.7 45.4 - 32.0 31.1 36.9 69.6 -
  1. Note: The Company implemented a stock split of 2 shares for each 1 share of common stock with an effective date of May 1, 2013, a stock split of 2 shares for each 1 share of common stock with an effective date of December 1, 2013, and a stock split of 100 shares for each 1 share of common stock with an effective date of April 1, 2014.

Shareholder and Share Information

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