Dividends | Securities Information | For Investors | Asahi Kasei

Basic policy on shareholder returns

We aim to increase the level of shareholder returns in line with profit growth based on the following policy.

Shareholder returns policy

  • 1.Determining level of shareholder returns based on medium-term free cash flow outlook
  • 2.Shareholder returns basically by dividends, aiming to maintain or increase dividends per share
  • 3.With payout ratio of around 30–40% (3-year total for the medium-term management plan), aiming to steadily increase level of shareholder returns
  • 4.Share buybacks as appropriate based on comprehensive consideration of suitable level of equity, investment items, and share price

Dividends per share

The trend of dividends paid and to be paid by Asahi Kasei Corp.

Interim* Year-end* Total* Dividends/consolidated net income
FY2022 18 (forecast) 18 (forecast) 36 (forecast) 30.4% (forecast)
FY2021 17 17 34 29.1%
FY2020 17 17 34 59.1%
FY2019 18 16 34 45.4%
FY2018 17 17 34 32.2%
FY2017 14 20 34 27.9%
FY2016 10 14 24 29.1%
FY2015 10 10 20 30.4%
FY2014 9 10 19 25.1%
FY2013 7 10 17 23.5%

*yen