Basic Policy regarding Dividend
The Company places particular emphasis on shareholder return.
Under the 7th Consolidated Medium-Term Management Plan, we aim to maximize enterprise value through a three-pronged approach that places equal emphasis on shareholder returns, financial health and capital efficiency.
The Company intends to maximize shareholder returns during the 7th Consolidated Medium-Term Management Plan by implementing capital policies, with a payout ratio of at least 60% of net profit excluding impact of inventory valuation (cumulative three-year) and stable dividends of at least 330 yen per share.
In principle, provide additional returns if financial health targets are achieved. Timing of additional returns to be decided during the three-year period of the Med-Term Mgmt. Plan.
*A two-for-one share split is scheduled for Wednesday, October 1, 2025
minimum dividend of ¥330 per share is a pre-share-split basis
Dividend History
| Annual dividend per share | |||
|---|---|---|---|
| Interim | Year-end | Full Year | |
| FY2025(Plan) | 150yen | 90yen (¥180 per share on a pre-share-split basis) |
- (¥330 per share on a pre-share-split basis) |
| FY2024 | 150yen | 180yen | 330yen |
| FY2023 | 150yen | 150yen | 300yen |
| FY2022 | 75yen | 75yen | 150yen |
| FY2021 | 0yen | 100yen | 100yen |
| FY2020 | 0yen | 80yen | 80yen |
| FY2019 | 0yen | 80yen | 80yen |
| FY2018 | 0yen | 80yen | 80yen |
| FY2017 | 0yen | 50yen | 50yen |
| FY2016 | 0yen | 50yen | 50yen |
| FY2015 | 0yen | 40yen | 40yen |
| FY2014 | 0yen | 0yen | 0yen |
| FY2013 | 0yen | 2yen | 2yen |
| FY2012 | 0yen | 0yen | 0yen |
| FY2011 | 0yen | 8yen | 8yen |
| FY2010 | 0yen | 8yen | 8yen |
| FY2009 | 0yen | 8yen | 8yen |
| FY2008 | 3yen | 5yen | 8yen |
| FY2007 | 3yen | 5yen | 8yen |
| FY2006 | 3yen | 5yen | 8yen |
| FY2005 | 3yen | 7yen | 10yen |
| FY2004 | 3yen | 5yen | 8yen |
* FY2004-FY2014: Before Transforming to Holding Company System.Upon the establishment of Cosmo Energy Holdings on October 1, 2015, 0.1 shares of common stock in the holding company were allocated and delivered for each share of common stock in Cosmo Oil.
* In FY2005, we paid a dividend for the second half year at ¥7 per share consisting of an ordinary dividend of ¥5 and a bonus dividend of ¥2 to commemorate the 20th anniversary of the merger into the Cosmo Oil Group.
* A two-for-one share split is scheduled for Wednesday, October 1, 2025
Acquisition of treasury shares
| Acquisition period | Acquisition method | Total amount acquired | Total number of acquired shares |
|---|---|---|---|
| May 13, 2022 - November 30, 2022 | market purchase | 20 billion yen (upper limit) |
5,313,400 shares |
| May 10, 2024 - March 31, 2025 | market purchase | 23 billion yen (upper limit) |
3,03,100 shares (upper limit) |
| February 7, 2025 - June 30, 2025 | ToSTNeT-3 and market trades on the Tokyo Stock Exchange |
18 billion yen (upper limit) |
2,801,800 shares (upper limit) |
Cancellation of Treasury Shares
| Cancellation Period | Type of shares | Number of Shares | the number of issued shares before the cancellation |
|---|---|---|---|
| Friday, August 29, 2025 | Common shares | 5,832,900 shares | 6.6% |