Dividend / Benefit Plan
Dividends per common stock
Dividend Policy
In principle, shareholder returns through dividends based on net earnings. Stable shareholder returns while maintaining financial strength. Maintaining dividend payments on a quarterly basis.
FY2023 Fourth Quarter Dividend (No Dividend) Announcement
The Bank announced that its Board of Directors resolved to not pay a dividend from retained earnings for the fourth quarter of FY2023 (record date: March 31, 2024) as described below.
Reason for No Dividend Decision
We previously communicated a no dividend forecast for the fourth quarter in our news releases dated February 1, 2024: “Aozora Announces No Dividend to be Paid for the Third Quarter” and “Revision to FY2023 Full-Year Earnings and Dividend Forecast.” In the fourth quarter, we proceeded with the timely disposal of securities and also reversed a portion of deferred tax assets. As a result, profit attributable to owners of parent was a net loss of 49.9 billion yen in FY2023.
Following this result, we have regrettably decided to not pay a dividend for the fourth quarter in line with the forecast we announced on February 1.
We deeply regret that we were not able to meet the expectations of our shareholders. We aim to achieve steady business growth in FY2024 and beyond so that we can satisfy their expectations.
As of May 13, 2024
(yen)
1Q dividend |
2Q dividend |
3Q dividend |
4Q dividend |
Full-year |
|
---|---|---|---|---|---|
FY2020 |
30 |
30 |
30 |
34 |
124 |
FY2021 |
32 |
32 |
40 |
45 |
149 |
FY2022 |
38 |
38 |
38 |
40 |
154 |
FY2023 |
38 |
38 |
0 |
0 |
76 |
FY2024 |
To be |
To be |
To be |
To be |
76 |
Per share data (Consolidated base)
(yen)
FY2019 |
FY2020 |
FY2021 |
FY2022 |
FY2023 |
|
---|---|---|---|---|---|
Dividend per share |
156 |
124 |
149 |
154 |
76 |
Net income per common share |
241.18 |
248.27 |
299.81 |
74.67 |
-427.22 |
Net assets per common share |
3,659.84 |
4,233.53 |
4,222.79 |
3,751.95 |
3,285.94 |
Special Benefit Plan for Shareholders
(Last update: December 15, 2022)