Investor Presentaiton
Capital Policy Shareholder Return Policy
JP JAPAN POST HOLDINGS
HOLDINGS
Policy to maintain an annual dividend of ¥50 per share during the JP Vision 2025 period
Policy to conduct flexible share repurchases to improve capital efficiency
We plan to execute a total of ¥300.0 billion of share repurchases this fiscal year. We consider continuing active
shareholder returns also in the future while taking into consideration our investment balance and financial soundness.
483.7
Net income
(Billions of yen)
Dividend per share
(Yen)
418.2
501.6
50
50
50
50
*1
431.0
240.0
50
50
(Billions of yen)
350.0
300.0
200.0
202.2
202.2
183.1
173.0
162.7
FY2019
FY2020
FY2021
FY2022
FY2023
■Dividend
■Share repurchase
Total number of shares
issued
(year-end, in million shares,
excluding treasury shares)
4,044
4,044
3,663
3,461
3,184 *2
Dividend payout ratio
41.8%
48.3%
37.9%
41.4%
69.2% *2
Total dividend ratio
41.8%
48.3%
106.3%
86.5%
192.8%*2
*1 Includes share repurchases worth ¥4.5 billion executed in April 2022
*2 Value estimated based on an assumed share price of ¥1,084 (VWAP average during the period from April 1 to 14, 2023) and an assumed repurchase volume of
280 million shares
JP JAPAN POST GROUP
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