We state here our policy for allocating the cash that we generate as a result of the initiatives discussed today.
Our top priority is to invest as necessary for future growth.
Our next priority will be to return profits to shareholders. We will maintain stable and sustainable shareholder returns, aiming for a dividend payout ratio of approximately 30% and a DOE of 3%.
Finally, we will undertake share repurchases on a strategic basis, as reflected by our announcement of a share buyback program earlier.
This is our policy for the duration of the VG2.0 medium-term management plan.