Returns to Shareholders

Kaneka’s management places a high priority on strengthening its financial base while increasing its earning capability and returning profits to shareholders. In returning profits, Kaneka’s basic policy is to give overall consideration to its business performance each fiscal year, medium- to long-term earning trends, investment plans, financial position, and other factors, and to continue stable profit returns with a benchmark consolidated dividend payout ratio of 30% as well as flexible repurchase of treasury shares depending on situation.

In addition, for the period covered by the next management plan (Plan: The Three-Year Initiative 2025, FY2025-FY2027), we will implement a progressive dividend policy, in which dividends are maintained or increased on condition that financial soundness is satisfied.

The basic policy is to pay dividends from surplus twice a year, as an interim dividend and a year-end dividend. In accordance with the provisions of the Companies Act Article 459 paragraph 1, the Articles of Incorporation state that dividends from surplus may be conducted by resolution of the Board of Directors.

Kaneka’s internal reserves are used to ensure financial stability while responding to the dramatically changing economic situation and taking action to realize sustainable growth.

Regarding shareholder returns for the fiscal year ended March 2025, Kaneka has decided to pay an annual dividend of ¥130per share, taking overall account of its performance trend, dividend payout ratio, and other factors. As we have already paid an interim dividend of ¥60 per share, the year-end dividend will therefore be ¥70 per share.
With regard to repurchase of treasury shares, Kaneka has repurchased 1,237,700 shares for ¥5,012 million in the stock market in the current fiscal year.

Going forward, Kaneka will continue striving to enhance shareholder value, while aiming to further strengthen shareholder returns by considering increases in dividends as well as repurchase and cancellation of treasury shares to implement a flexible capital policy in response to changes in the operating environment.

Acquisition record

*1 The Company conducted a consolidation of shares of common stock at the ratio of five shares to one share on October 1, 2018.

*2 Figures in parentheses indicated the ratio of the number of acquired shares to the total number of issued shares at each time.