Basic Policy Regarding Profit Sharing

For the azbil Group, returning profits to our shareholders is an important priority for management. While striving to raise the dividend level, we also want to maintain stable dividends, taking into consideration the consolidated financial results and such indicators as levels of return on equity (ROE), dividends on equity (DOE), and retained earnings required for future business development and strengthening the business structure.
Regarding retained earnings, effective use is to be made of them by investing mainly in business expansion and strengthening the business foundation: enhancing our products/services, implementing structural reforms for global production/development facilities to promote growth, and ensuring we can continue our business even in the event of a major natural disaster or other unforeseen circumstances. Consequently, we aim to further raise shareholder value.

Dividend Information

Dividends for the current fiscal year

Interim Dividend (Plan)	¥32.50 / Share
Year-end Dividend (Plan)	¥32.50 / Share

Payment schedule (Date of right allotment)

Interim Dividend	December (September 30)
Year-end Dividend	June (March 31)

Dividend transition

FY2021 (Ended March 31, 2022)	¥60.00 / Share
FY2020 (Ended March 31, 2021)	¥55.00 / Share
FY2019 (Ended March 31, 2020)	¥50.00 / Share
FY2018 (Ended March 31, 2019)	¥46.00 / Share
FY2017 (Ended March 31, 2018)	¥41.00 / Share
FY2016 (Ended March 31, 2017)	¥38.50 / Share	Including commemorative dividend for 110th anniversary: ¥2.5
FY2015 (Ended March 31, 2016)	¥33.50 / Share
FY2014 (Ended March 31, 2015)	¥31.50 / Share
FY2013 (Ended March 31, 2014)	¥31.50 / Share
FY2012 (Ended March 31, 2013)	¥31.50 / Share
FY2011 (Ended March 31, 2012)	¥31.50 / Share
FY2010 (Ended March 31, 2011)	¥31.50 / Share
FY2009 (Ended March 31, 2010)	¥31.00 / Share
FY2008 (Ended March 31, 2009)	¥31.00 / Share
FY2007 (Ended March 31, 2008)	¥30.00 / Share
FY2006 (Ended March 31, 2007)	¥25.00 / Share
FY2005 (Ended March 31, 2006)	¥25.00 / Share	Including commemorative dividend for 100th anniversary: ¥5
FY2004 (Ended March 31, 2005)	¥11.50 / Share

* We implemented a 2-for-1 common stock split effective on October 1, 2018.
Dividends has been calculated as if the stock split had been implemented at the beginning of the year ended March 31, 2004.