Integrated Report 2023
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%100 North America. These efforts boosted the overseas sales ratio to approximately 62% in the previous fiscal year. As the importance of our global financial strategy has grown, this fiscal year we upgraded the Administration Division’s Finance Section to the Finance Department. This upgrade allows us to enhance our overall Group fund management and efforts to improve capital efficiency. As CFO, I aim to help enhance corporate value from such as perspectives as investor relations, finance, and information systems, includ-ing by optimizing the allocation of capital and realizing DX.20202021202288787858.658.649.449.437.937.9888863.363.352.452.4Cash Dividends per Share / Dividend Payout Ratio (Consolidated)¥ 100755025007550252023202426Financial Strategyby considering action plans and KPIs. Moving forward, we plan to launch subcommittees composed of members from various departments and conduct basic DX training for all employees. As executive general manager of the Administration Division, which includes our Information Systems Department, I am committed to overseeing this transformation. The Doi Plant (Ehime Prefecture) and the Kumagaya Plant (Saitama LINTEC’s basic policy for shareholder returns is to provide stable and continued dividends with consideration for each fiscal year’s consolidated performance, while also working to strengthen its management foundation. In line with this policy, for the fiscal year under review, we awarded dividends of ¥88 per share for a dividend payout ratio of 52.4%. year we have revised our basic policy on dividends. While the Company has not lowered dividends for the past 10 fiscal years, even when performance was down year on year, we have decided to make a general rule of not reducing dividends for the next four fiscal years, through the final year of our next medium-term business plan. Additionally, we will set as benchmarks a dividend payout ratio of 40% or higher or a dividend on equity (DOE) ratio of 3%, as we keep capital effi-ciency in mind while meeting the expectations of our share-holders. In line with this policy, for the current fiscal year we plan to maintain the dividend at ¥88 per share, given our To clarify our stance on shareholder returns, this fiscal Through our investor relations activities, I have had many opportunities to meet with institutional investors and securi-ties analysts. During this dialogue, I have striven to effec-tively communicate the investment appeal of the Company, with the goal of earning support and cultivating LINTEC “fans.” Recently, we have received numerous questions and opinions regarding how we plan to enhance our PBR and ROE. We take such questions and opinions seriously and provide feedback to top management. At the same time, by disclosing and implementing measures to improve ROE, we aim to resolve the issue of having a PBR below 1.0 time.Basic Policy on Dividends from the Fiscal Year Ending March 31, 2024The Company positions the enhancement of shareholder returns as one of its most important management issues and strives to realize a distribution profits while also strengthening its management foundations. With this in mind, the Company has decided, in principle, not to reduce dividends for the four-year period from the fiscal year ending March 31, 2024, namely, the final year of the ongoing medium-term business plan LSV 2030-Stage 1, to the fiscal year ending March 31, 2027, or the final year of the next medium-term business plan LSV 2030-Stage 2 (April 2024 to March 2027). It will pay dividends with a view to achieving a payout ratio of at least 40% or a dividend on equity (DOE) ratio of approximately 3%. Furthermore, we plan to use internal reserves effectively to reinforce the Company’s financial base and provide increased future corporate value through investment in production facilities and R&D.Prefecture) are expanding their production facilities for mul-tilayer ceramic capacitor-related tape, as mentioned earlier. The two plants are working to create a production system that considers such factors as automation, labor reductions, energy savings, and decreased CO2 emissions. We plan to roll out this system to other plants in the future.earnings forecast, resulting in an estimated dividend payout ratio of 63.3%. Going forward, we will continue striving to improve profitability and further enhance shareholder returns.In recent years, we have been actively promoting M&A in Cash Dividends per Share Dividend Payout Ratio (right)(Fiscal years ended / ending March 31)(Forecast)Enhancement of Shareholder ReturnsMy Mission as CFO

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