Dividends

In order to maintain the stability of dividends and the appropriate distribution of earnings to shareholders, USS has established a consolidated dividend payout ratio target as a policy for paying a dividend that reflects results of operations. Currently, the basic policy is to pay a dividend that results in a consolidated payout ratio of at least 55%.

Dividend Per Share (Yen)

2nd Quarter end Year-end Total
FY3/24(forecast) 34.7 38.4 73.1
FY3/23 33.7 33.8 67.5
FY3/22 29.2 37.0 66.2
FY3/21 27.75 27.75 55.5