Dividend Information

Shareholder Return Policy

UT Group’s business objective is to continuously improve our enterprise value by ensuring a stable financial base and achieving high growth driven by active business development. In our Medium-Term Business Plan, we have committed to a DE ratio of 1.0 or less (to be achieved by FY 3/2021) and an EBITDA growth rate of at least 30% (average growth rate over the 5 years of Medium-Term Business Plan).

We also view returning profits to our shareholders as a key management issue. Through share buybacks that help to improve dividends and capital efficiency, we will deliver optimal shareholder returns based on the overall share price level, business environment, and other factors, with a total return ratio of 30% as our baseline target.

*PER = stock price ÷ annual forecast – profit per share

*PEG ratio = PER ÷ annual EPS growth rate

Changes in Total Return Ratio

  Unit FY
3/2013
FY
3/2014
FY
3/2015
FY
3/2016
Profit attributable to owners of
parent
Thousands of
yen
922,860 934,660 1,168,338 1,497,496
Profit per share Yen 22.63 23.96 30.29 40.40
Dividends per share Yen 13.00 13.50 0.00 0.00
Total dividends Thousands of
yen
507,052 526,552
Share buyback amount Thousands of
yen
799,952 999,985 749,973
Total return ratio % 141.6 56.3 85.6 50.1