Distributing profits to shareholders in a comprehensive manner over the long-term is one of the highest priorities of the Avex Group.The dividend in each fiscal year is determined considering the operating results, cash flows, upcoming needs for capital and other factors.
Given that our balance sheet has improved recently, we will strengthen shareholder return from now on. Specifically, we will increase the minimum dividend of 40 yen per share to 50 yen, as well as rising the payout ration guidance from the previous 30% to 35%.
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