Dividends

Iwatani’s basic policy on earnings distribution calls for meeting shareholders expectations by maximizing corporate value in various ways, including investing to support growth strategies while returning earnings to shareholders through stable and uninterrupted dividend payments.

The Medium-Term Management Plan “PLAN27” targets a payout ratio of 20% or higher in FY2027, which is the final fiscal year of the Plan, based on profit excluding impact of LPG import price fluctuations, and strives for progressive dividend payout without any dividend rollbacks.

The Company believes that by steadily implementing these initiatives and continuing to be “a company needed by society“, we will be able to contribute to the enhancement of the Group’s corporate value as well as the common interests of our shareholders.