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34/35 ▼Shareholder Return Policy
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00:21:54.6
Finally, let me describe our policy on shareholder returns. Please turn to page 28. As we announced along with the financial statements on May 20, we have decided to raise the FY2013 year-end dividend per share 1 yen and the annual dividend 2 yen, to 56 yen. We have also decided to buy back up to 10.0 billion yen of our own shares. For the current fiscal year, we plan to distribute an annual dividend per share of 58 yen, up 2 yen year on year. Our shareholder return policy in Next Challenge 2017 is basically the same as the existing policy. We will return approximately 50% of Group Core Profit to our shareholders in the medium run. Our basic policy for dividends is maintaining stability. In addition, we aim to continue to increase dividends. We will repurchase our own shares flexibly, and as opportunities arise, with due consideration to market conditions and the state of our capital.
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