Shareholder Appreciation/Dividends

shareholder benefits program

By providing opportunities for our shareholders and their grandchildren to use our products, we aim to become a fans over the medium to long term.

  1. Target Shareholders

    A shareholder whose register of shareholders as of the end of February of each year indicates that the Company holds at least 1 unit (100 shares) of the Company's shares.

  2. Details of Priority

    We will give shareholder benefit tickets (10% discount tickets) that can be used at our directly managed stores according to the number of shares held.
    The discount will be 10% up to the retail price of ¥0.1 million (excluding tax).
    The shareholder benefit tickets will be used for a single shopping.

    ・Holding at least 100 shares: 1
    ・Holding at least 300 shares: 3
    ・Holding at least 1000 shares: 5

  3. Usage of Shareholder Benefit Tickets and Notes

    ・This ticket can be used at NARUMIYA INTERNATIONAL CO., LTD.'s directly managed stores. This ticket is not available in some stores.

    ・This ticket cannot be used at department store events, NARUMIYA ONLINE, family sales, or outlet stores.

    ・The terms of use of this ticket varies from store to store, such as using it for items on sale or using it in conjunction with other service coupons. For details, inquire at the store where you can use the service.

    ・You can use one ticket for one purchase. Please present it to the staff at the time of accounting.

    ・The retail price of ¥0.1 million (excluding tax) will be discounted by 10% to the maximum use amount.

    ・Please confirm the other precautions listed on the back of the shareholder benefit ticket when using the service.

  4. Expiration date, etc.

    Applicable to shareholders listed in the shareholder register as of the end of February 2020.
    The coupons will be sent after the annual shareholders’ meeting
    The valid period of the tickets will be 1 year from June 1 of each year to May 31 of the following year.

Dividend Policy

We recognize the return of profits to shareholders as one of our most important management issues, and our basic policy is to maintain stable dividends while securing the internal reserves necessary for future business development and to strengthen our management structure. In order to flexibly return profits to shareholders, the Company's Articles of Incorporation stipulate that it is possible to pay an interim dividend with August 31 of each year as the record date by resolution of the Board of Directors. However, the amount of second half's net sales and profits tend to be higher than that of first half throughout the fiscal year. For the time being, the Company will only pay an year-end dividend by resolution of the General Meeting of Shareholders in order to provide a fair dividend and to establish a sound financial base.

Retained earnings will be appropriated to fund aggressive investment in order to implement various measures aimed at strengthening the management foundation.

Dividends from retained earnings for the current fiscal year are as follows.

Date of resolution Total dividends
(Millions of yen)
Dividend per share
May 22, 2020
(Decision adopted at the annual meeting of stockholders)
344 34
  • With regard to dividends for the fiscal year under review, the Company decided to pay a dividend of ¥34 per share, which includes an ordinary dividend of ¥31 per share and a commemorative dividend of ¥3 per share as the Company was selected for listing on the First Section of the Tokyo Stock Exchange. Consequently, the consolidated dividend payout ratio for the fiscal year under review was 34.2%.