Shareholder Returns

Dividend Policy

One of PARCOʼs key policies is the return of earnings to shareholders through continued growth and medium-to-long-term enhancement of corporate value. Dividends are determined in consideration of earnings performance and payout ratio based on our policy of maintaining a stable level of dividends to shareholders.

We strive to utilize retained earnings effectively to support future business advancement, while strengthening our financial foundation.

Dividends

Based on the above policy, the year-end dividend paid in February 2018 was set at ¥12 per share. Combined with the midterm dividend of ¥11 per share, the total annual dividend was ¥23 per share.

Date of resolution Total dividend amount
(million yen)
Dividend per
share(yen
Resolution of the Board of Directors -
October 6, 2017
1,116 11.00
Resolution of the Board of Directors -
April 9, 2018
1,217 12.00

Trends in Dividend per Share

Period ending February 2018 ¥23.00(forecast)
Period ending February 2017 ¥23.00
Period ending February 2016 ¥20.00
Period ending February 2015 ¥18.00
Period ending February 2014 ¥18.00
Period ending February 2013 ¥18.00
Period ending February 2012 ¥17.00
Period ending February 2011 ¥17.00
Period ending February 2010 ¥16.00
Period ending February 2009 ¥16.00
Period ending February 2008 ¥15.00
Period ending February 2007 ¥13.00
Period ending February 2006 ¥11.00
Period ending February 2005 ¥10.00
Period ending February 2004 ¥8.00
Period ending February 2003 ¥8.00
Period ending February 2002 ¥8.00

Acquisition of Treasury Shares

Period ended shares at February 2016
Treasury shares at beginning of period 4,200
Treasury shares acquired 392
Total value of acquired shares (yen) 377,804
Treasury shares retired 1
Treasury shares at end of period 4,591
Updated May. 29, 2017