Shareholder Returns

We offer dividends and shareholder benefits as our way of returning profits to shareholders. We believe that offering our products as shareholder benefits helps shareholders gain a better understanding of our company.

Dividends

The Company regards the return of profits to shareholders as an important management issue. While keeping the improvement of capital efficiency in mind, we will comprehensively consider a number of factors, including free cash flow, investment plans, securing liquidity and economic conditions. We have a basic policy of implementing stable and continuous returns through dividends (numerical target: consolidated payout ratio of 40% or more excluding special elements).

Forecast Dividend per Share

FYE March 2025 40 yen (20 yen interim dividend)

Date of Record

Interim: September 30 Year-End: March 31

Dividends/Payout Ratios

Dividend(Interim/Year-End) Dividend Payout Ratio(%)
FYE March 2020 62(31/31) 63.5
FYE March 2021 32(16/16) 166.9
FYE March 2022 36(18/18) -
FYE March 2023 38(19/19) 178.3
FYE March 2024 40(20/20) 69.2

Shareholder Benefits

Mandom Corporation has adopted a shareholder benefit plan in appreciation for the continued support of its shareholders and for the purpose of increasing the attractiveness of investing in its shares and increasing the number of people who hold them over the medium to long term.

Allotment record date March 31 (once a year)
Entitlement criteria Shareholder benefits whose record date is March 31, 2024
Shareholders holding 100 or more shares of the Company as per the shareholder register of the Company

Shareholder benefits whose record date is March 31, 2025 or later
Shareholders holding 100 or more shares of the Company continuously for a period of one year or more as per the shareholder register of the Company*
Benefits and method of delivery An assorted set of products of the Company
Sent by mail in and after mid-June
*

We will modify the terms and conditions of the shareholder benefit plan, and the new terms and conditions will apply to shareholder benefits whose record date is March 31, 2025 or later.

Entitled shareholders

Entitled shareholders are shareholders holding 100 or more shares of the Company continuously for a period of one year or more as per the shareholder register of the Company with the record date of March 31 every year. "Shareholders holding 100 or more shares of the Company continuously for a period of one year or more" are defined as shareholders whose names are recorded in the shareholder register of the Company as of March 31 and September 30 three or more times in a row with the same shareholder number.

Important information

Please note that if your shareholder number changes, you will be excluded from the scope of entitled shareholders.
Generally speaking, the shareholder number may change under the circumstances listed below. However, specific handling may vary depending on the securities company handling the matter. For specific circumstances that may lead to a change in the shareholder number and the existence thereof, please contact the securities company with which you have deposited shares.


  • The registered holder of shares has changed
    • Change in registered holder due to inheritance, gift, etc.
    • Change in the name or address recorded in the shareholder register due to marriage or relocation
    • Use of a share lending service provided by a securities company
    • Change or dismissal of the statutory agent, such as the person who has parental authority or the guardian, of the shareholder
  • A shareholder previously recorded in the shareholder register has been recorded in the shareholder register once again
    • Change in securities company
    • Transfer of shareholdings from a general account to a NISA account
    • Sale and repurchase of all shares by the record date, etc.