Dividends & Benefit program for Shareholder
Investor Relations > Stock information > Dividends & Benefit program for Shareholder
Updated 2020/05/18

Dividend policy

The Company regards shareholder returns as one of the important key issues in management. Our basic policy is to pay dividends linked to performance, taking into consideration of internal reserves for business expansion. The payout ratio is based on 30%.

Dividend change (after stock listing)

【Unit: JPY】
Note: Dividends have been revised to the amount after stock split.

Acquisition of treasury stock

70,281 shares

Shareholder benefit program


We have this benefit program for the purpose of appreciating the support from shareholders, introducing a shareholder benefit program with the aim of increasing the attractiveness of investment in our shares and increasing the number of shareholders who can hold shares for long term.

(1)Entitled shareholders

A shareholder who is listed on the shareholder registry at of the end of August and who has the same shareholder number as of the end of February of the same year. A shareholder who hold 200 shares (two unit) or more.

【Shareholders eligible for 2020 Shareholder benefit program】
-…Not listed in the shareholder register 〇…Listed in the shareholder register
 Right of benefit program  End of Feb 2020  End of Aug 2020
 Yes  ○  ○
 None  ○  -
 None  -  ○

(2)Content of shareholder benefit program

Depending on the number of shares held, we will send rice of reduced chemical fertilizer “Koshihikari” harvested in Niigata, the hometown of CEO Umeda.

 内容  FY2020/2
 Entitled shareholder A shareholder who is listed on the shareholder registry as of the end of August every year and who has the same shareholder number at the end of February of the same year, who owns 200 shares (2 units) or more
 Content of shareholder benefit program More than 200 stocks Less than 1,000 stocks Rice “Koshihikari” 1kg
More than 1,000 stocks Less than 4,000 stocks Rice “Koshihikari” 2kg
More than 4,000 stocks Less than 16,000 stocks Rice “Koshihikari” 5kg
More than 16,000 stocks Rice “Koshihikari” 10kg

Note: FY20** means period ending February, 20**

(3)Delivery period

Rice is shipped every autumn (after harvest).

(4)Selected rice

The rice delivered to shareholders is selected rice with reduced pesticide use and reduced chemical fertilizer cultivation (specially cultivated agricultural products authorized by Niigata Prefecture), which is produced by farmer Mr.Katsuzo Watanabe. The rice grown based on the "Katsuzo rule" is a really delicious with a pleasant smell when cooked. So, please look forward to it.