■Shareholder return policy
Netyear Group <3622> is implementing dividends as a shareholder return measure. Regarding the dividend policy, the basic policy is to pay stable and continuous dividends from the fiscal year ending 2023/3, and a policy was decided to pay dividends using a dividend ratio of about 20% as a guide. Based on the same policy, the dividend per share for the fiscal year ending 2025/3 is planned to be 6.0 yen (dividend payout ratio 36.5%), the same amount as the previous fiscal year. In the future, if the dividend payout ratio falls below 20%, it is conceivable that an increase in dividends will be considered. Furthermore, the idea is to review quantitative standards as appropriate by comprehensively considering future changes in the external environment, financial conditions, business development, etc.
(Author: FISCO Visiting Analyst Joe Sato)