Shareholders Return

Policy on Shareholders Return
Toray recognizes earning distribution as one of the top priorites of company mangement. We will make distributions taking in account the business performance, financial strength, and retained earnings necessary for future investments.

Trend of Dividend Per Share and Payout Ratio (10 years)

Trend of Dividend Per Share and Payout Ratio (10 years)

Dividends

(FY) 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Interim 5.0 5.0 5.0 5.0 6.0 7.0 7.0 8.0 8.0 4.5
(plan)
Year-end 5.0 5.0 5.0 6.0 7.0 7.0 8.0 8.0 8.0 4.5
(plan)
Total 10.0 10.0 10.0 11.0 13.0 14.0 15.0 16.0 16.0 9.0
(plan)
Net Income
per Share
/ Earnings
per Share
(EPS)
39.41 29.75 36.59 44.33 56.38 62.17 59.97 49.61 34.83 25.0
(estimate)
Payout
Ratio
25.4% 33.6% 27.3% 24.8% 23.1% 22.5% 25.0% 32.3% 45.9% 36%
(estimate)