Return to Shareholders (Dividends, etc.)

During our current three-year medium-term management plan, Tokyu Corporation continue stable dividend payments and aim for a dividend ratio of 30% or more in the medium to long term, with an awareness of the total return ratio. The Company has also included a provision in its Articles of Incorporation, which stipulates that it may distribute an interim dividend as permitted in Article 454, Paragraph 5 of the Companies Act. Thus, the Company distributes a dividend from its surplus twice a year (an interim dividend and a year-end dividend). The decision-making bodies for these dividends are the Board of Directors for the interim dividend and a general meeting of shareholders for the year-end dividend. The Company does not plan to change the number of dividends.

Changes in Dividend per Share

2019/03 2020/03 2021/03 2022/03 2023/03 2024/03
(Expected)
Dividend Per Share(yen) 1Q ------
2Q 10.0012.0010.007.507.507.50
3Q ------
FY-End 10.0011.005.007.507.5010.00
Total 20.0023.0015.0015.0015.0017.50
Amount of Dividends(million yen) 12,18913,9629,0699,0769,164-
Payout Ratio(%) 21.032.9-102.934.923.1
Ratio of Total Amount of Dividends to Net Assets(%) 1.71.91.21.31.3-

Acquisition of Treasury Shares

The 149th term

The 150th term

The 151st term

The 152st term

The 153rd term

2018/3

2019/3

2020/3

2021/3

2022/3

Number of stocks acquired

(stocks)

51,519

314,011

4,653,106

4,950

5,225

Acquisition amount (yen)

52,299,655

589,426,289

1,022,769,405

7,087,426

8,054,201‬

Accumulated total number of

treasury shares (stocks)

15,242,781

15,556,293

20,207,910

20,211,897

19,749,004