Shareholder Return | Investor Relations

<!DOCTYPE HTML> <html lang="en"> <head prefix="og: http://ogp.me/ns# fb: http://ogp.me/ns/fb# article: http://ogp.me/ns/article#"> <meta charset="utf-8"> <meta http-equiv="X-UA-Compatible" content="IE=edge"> <title>Shareholder Return | Investor Relations | Daicel Corporation</title> <meta name="description" content="Explains Daicel's Return to Shareholders and Dividends."> <meta name="keywords" content="Daicel,Dividends"> <meta name="viewport" content="width=device-width"> <meta name="format-detection" content="telephone=no"> <meta property="og:type" content="article"> <meta property="og:title" content="Shareholder Return | Investor Relations | Daicel Corporation"> <meta property="og:description" content="Explains Daicel's Return to Shareholders and Dividends."> <meta property="og:url" content="https://www.daicel.com/en/ir/return.html"> <meta property="og:image" content="https://www.daicel.com/en/common_img/symbol/ogp.png"> <meta property="og:site_name" content="Daicel Corporation"> <meta property="og:locale" content="en_US"> <link rel="shortcut icon" href="/en/common_img/symbol/favicon.ico"> <link rel="apple-touch-icon-precomposed" href="/en/common_img/symbol/apple-touch-icon.png"> <link rel="stylesheet" href="/en/css/common.css"> <link rel="stylesheet" href="/en/css/custom/common_add.css"> <link rel="stylesheet" href="/en/ir/css/ir.css?230302"> <link rel="stylesheet" href="/en/ir/css/fonts/font-awesome.css"> <script src="/en/js/common.js"></script> <script src="/en/js/modules.js"></script> <script src="/en/js/lib/jquery.js"></script> <script src="/en/js/custom/common_add.js"></script> <script src="/en/ir/js/ir.js"></script> <script src="/en/ir/js/accordion.js"></script> <script src="/en/ir/js/tpl.js?220628"></script> <script>gtm();</script> </head> <body id="stock03"> <script>gtm_body();</script> <script>header();</script>  <main class="Main" id="main"> <article id="mainBody" class="MainBody"> <div class="pageHead"> <div class="jumbotron jumbotron-fluid ir-heading" data-parts="jumbotron"> <div class="heading heading-lv1"> <div class="container ir-row"> <h1><span class="heading__shoulder" data-parts="typography__elm">Investor Relations / Stock and Bond Information</span><span class="heading__label">Shareholder Return</span></h1> <div class="ir-sitemap-container"> <script>ir_sitemap();</script> </div> </div>  </div> </div>  </div> <div class="pageContents isFluid"> <div class="mainContents"> <div class="container ir-row"> <div class="container-inner"> <section class="container"> <div class="heading heading-lv3" data-parts="typography"> <h2> <span class="heading__label">Basic Policy Regarding Profit Distribution and Dividends</span> </h2> </div> <p>Daicel’s basic dividend policy is to distribute profits in a balanced manner that comprehensively considers maximizing asset efficiency, realizing optimal capital structure, securing soundness to maintain fund raising capacity, and stable dividends reflecting the consolidated business results.</p> <p>Internal reserves will be applied to investment in business expansion and reinforcement of highly-profitable business structures, such as R&D for new business development and strengthening of existing businesses, new construction and expansion of facilities, and efficiency improvement measures. Through future business development, we will ensure growing benefits to our shareholders.</p> <p>Regarding shareholder return from fiscal year ending March 2025, we set the DOE (dividend on equity ratio) to ensure stable dividends and the shareholder return ratio, which is a combination of dividends and flexible share buybacks, as indicators. We have adopted the following policy.</p> <p class="mb-0">【The pollicy】</p> <ul class="list-bullet"> <li>Regarding dividends, we aim for a DOE (dividend on equity ratio) of 4% or more.</li> <li>The target is a total return ratio of 40% or more each fiscal year.</li> <li>Implement share buybacks in a flexible manner.</li> </ul>  </section> <section class="container"> <div class="heading heading-lv3" data-parts="typography"> <h2> <span class="heading__label">Dividend History (Per Share)</span> </h2> </div> <table class="table table-bordered table-wrap"> <colgroup> <col class="w-25"> <col span="5" class="w-15"> </colgroup> <thead> <tr> <th class="table-tbcolor-lv1" scope="col"></th> <th class="table-tbcolor-lv1 text-center align-middle" scope="col">Interim (Yen)</th> <th class="table-tbcolor-lv1 text-center align-middle" scope="col">Year-end (Yen)</th> <th class="table-tbcolor-lv1 text-center align-middle" scope="col">Total (Yen)</th> <th class="table-tbcolor-lv1 text-center align-middle" scope="col">Dividend Payout Ratio (%)</th> <th class="table-tbcolor-lv1 text-center align-middle" scope="col">Total Return Ratio (%)</th> </tr> </thead> <tbody> <tr> <th class="table-tbcolor-lv2" scope="row">Fiscal Year Ended March 31, 2016</th> <td class="text-right">13</td> <td class="text-right">13</td> <td class="text-right">26</td> <td class="text-right">22.6</td> <td class="text-right">32.5</td> </tr> <tr> <th class="table-tbcolor-lv2" scope="row">Fiscal Year Ended March 31, 2017</th> <td class="text-right">13</td> <td class="text-right">17</td> <td class="text-right">30</td> <td class="text-right">24.1</td> <td class="text-right">33.3</td> </tr> <tr> <th class="table-tbcolor-lv2" scope="row">Fiscal Year Ended March 31, 2018</th> <td class="text-right">16</td> <td class="text-right">16</td> <td class="text-right">32</td> <td class="text-right">29.7</td> <td class="text-right">56.6</td> </tr> <tr> <th class="table-tbcolor-lv2" scope="row">Fiscal Year Ended March 31, 2019</th> <td class="text-right">16</td> <td class="text-right">16</td> <td class="text-right">32</td> <td class="text-right">30.4</td> <td class="text-right">67.2</td> </tr> <tr> <th class="table-tbcolor-lv2" scope="row">Fiscal Year Ended March 31, 2020</th> <td class="text-right">16</td> <td class="text-right">18<sup>*</sup></td> <td class="text-right">34</td> <td class="text-right">219.5</td> <td class="text-right">577.3</td> </tr> <tr> <th class="table-tbcolor-lv2" scope="row">Fiscal Year Ended March 31, 2021</th> <td class="text-right">16</td> <td class="text-right">16</td> <td class="text-right">32</td> <td class="text-right">49.1</td> <td class="text-right">91.1</td> </tr> <tr> <th class="table-tbcolor-lv2" scope="row">Fiscal Year Ended March 31, 2022</th> <td class="text-right">16</td> <td class="text-right">18</td> <td class="text-right">34</td> <td class="text-right">32.6</td> <td class="text-right">48.6</td> </tr> <tr> <th class="table-tbcolor-lv2" scope="row">Fiscal Year Ended March 31, 2023</th> <td class="text-right align-middle">18</td> <td class="text-right align-middle">20</td> <td class="text-right align-middle">38</td> <td class="text-right align-middle">27.4</td> <td class="text-right align-middle">51.7</td> </tr> <tr> <th class="table-tbcolor-lv2" scope="row">Fiscal Year Ended March 31, 2024</th> <td class="text-right align-middle">25</td> <td class="text-right align-middle">25</td> <td class="text-right align-middle">50</td> <td class="text-right align-middle">25.3</td> <td class="text-right align-middle">52.0</td> </tr> <tr> <th class="table-tbcolor-lv2" scope="row">Fiscal Year Ending March 31, 2025<br>(Forecast)</th> <td class="text-right align-middle">30</td> <td class="text-right align-middle">30</td> <td class="text-right align-middle">60</td> <td class="text-right align-middle">-</td> <td class="text-right align-middle">-</td> </tr> </tbody> </table> <p class="list list-note mb-0"><span class="list__mark">*</span>The year-end dividend for Fiscal Year Ended March 31, 2020 includes the 100th anniversary commemorative dividend of 2 yen.</p>  </section> <section class="container"> <div class="heading heading-lv3" data-parts="typography"> <h2> <span class="heading__label">Acquisition of Treasury Shares</span> </h2> </div> <p class="pc-none">Swipe the screen to view more.</p> <div class="table-responsive-md"> <table class="table table-bordered table-min-pd"> <colgroup> <col class="w-34"> <col class="w-32"> <col class="w-15"> <col class="w-19"> </colgroup> <tbody> <tr> <th class="table-tbcolor-lv2 text-center align-middle" scope="col">Acquisition period</th> <th class="table-tbcolor-lv2 text-center align-middle" scope="col">Method of acquisition</th> <th class="table-tbcolor-lv2 text-center align-middle" scope="col">Total Number of Shares acquired</th> <th class="table-tbcolor-lv2 text-center align-middle" scope="col">Total Acquisition amount</th> </tr> <tr> <td>From Nov. 6, 2023 to Mar. 22, 2024</td> <td> <ol class="list-ir pl-2w"> <li><span class="list__mark">(a)</span>Purchase on the Tokyo Stock Exchange</li> <li><span class="list__mark">(b)</span>ToSTNeT-3</li> </ol> </td> <td align="right">10,137,900 shares</td> <td align="right">¥14,999,752,100</td> </tr> <tr> <td>From Nov. 7, 2022 to Feb. 28, 2023</td> <td> <ol class="list-ir pl-2w"> <li><span class="list__mark">(a)</span>Purchase on the Tokyo Stock Exchange</li> <li><span class="list__mark">(b)</span>ToSTNeT-3</li> </ol> </td> <td align="right">10,516,400 shares</td> <td align="right">¥9,999,988,700</td> </tr> <tr> <td>From Nov. 8, 2021 to Feb. 28, 2022</td> <td>Purchase on the Tokyo Stock Exchange</td> <td align="right">6,000,000 shares</td> <td align="right">¥4,982,622,700</td> </tr> <tr> <td>From Nov. 5, 2019 to Jul. 1, 2020</td> <td>Purchase on the Tokyo Stock Exchange</td> <td align="right">21,456,000 shares</td> <td align="right">¥19,999,981,000</td> </tr> <tr> <td>From Feb. 22, 2019 to Aug. 9, 2019</td> <td>Purchase on the Tokyo Stock Exchange</td> <td align="right">8,500,000 shares</td> <td align="right">¥9,096,774,300</td> </tr> <tr> <td>From May 11, 2018 to Dec. 12, 2018</td> <td>Purchase on the Tokyo Stock Exchange</td> <td align="right">7,958,800 shares</td> <td align="right">¥9,999,982,700</td> </tr> <tr> <td>From Aug. 4, 2017 to Jan. 30, 2018</td> <td>Purchase on the Tokyo Stock Exchange</td> <td align="right">7,500,000 shares</td> <td align="right">¥9,977,218,800</td> </tr> <tr> <td>From May 12, 2016 to Jun. 6, 2016</td> <td>Purchase on the Tokyo Stock Exchange</td> <td align="right">2,966,500 shares</td> <td align="right">¥3,999,985,700</td> </tr> <tr> <td>From Nov. 9, 2015 to Nov. 16, 2015</td> <td> <ol class="list-ir pl-2w"> <li><span class="list__mark">(a)</span>Purchase on the Tokyo Stock Exchange</li> <li><span class="list__mark">(b)</span>ToSTNeT-3</li> </ol> </td> <td align="right">2,146,200 shares</td> <td align="right">¥3,999,874,400</td> </tr> <tr> <td>From Aug. 26, 2011 to Sep. 15, 2011</td> <td>Purchase on the Tokyo Stock Exchange</td> <td align="right">4,000,000 shares</td> <td align="right">¥1,807,841,000</td> </tr> </tbody> </table> </div>  </section> <section class="container"> <div class="heading heading-lv3" data-parts="typography"> <h2> <span class="heading__label">Cancellation of Treasury Shares</span> </h2> </div> <p class="pc-none">Swipe the screen to view more.</p> <div class="table-responsive-md"> <table class="table table-bordered"> <colgroup> <col span="4" class="w-25"> </colgroup> <tbody> <tr> <th class="table-tbcolor-lv2 text-center align-middle" scope="col">Date of Cancellation</th> <th class="table-tbcolor-lv2 text-center align-middle" scope="col">Number of Shares to be Cancelled</th> <th class="table-tbcolor-lv2 text-center align-middle" scope="col">Ratio of Total Number of Issued Shares before the Cancellation</th> <th class="table-tbcolor-lv2 text-center align-middle" scope="col">(Reference)<br>Total Number of Issued Shares after the Cancellation</th> </tr> <tr> <td>May 20, 2024</td> <td align="right">10,000,000 shares</td> <td align="right">3.49%</td> <td align="right">276,942,682 shares</td> </tr> <tr> <td>May 22, 2023</td> <td align="right">16,000,000 shares</td> <td align="right">5.28%</td> <td align="right">286,942,682 shares</td> </tr> <tr> <td>Sep. 14, 2020</td> <td align="right">13,000,000 shares</td> <td align="right">4.11%</td> <td align="right">302,942,682 shares</td> </tr> <tr> <td>Mar. 16, 2020</td> <td align="right">16,000,000 shares</td> <td align="right">4.82%</td> <td align="right">315,942,682 shares</td> </tr> <tr> <td>Mar. 4, 2019</td> <td align="right">18,000,000 shares</td> <td align="right">5.14%</td> <td align="right">331,942,682 shares</td> </tr> <tr> <td>May 25, 2016</td> <td align="right">15,000,000 shares</td> <td align="right">4.11%</td> <td align="right">349,942,682 shares</td> </tr> </tbody> </table> </div>  </section> </div> <aside class="column-nav"> <script>ir_side();</script> </aside>  </div>  </div>  </div>  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Shareholder Return | Investor Relations | Daicel Corporation