Dividends and Shareholder Benefit Program

Basic Policy for Profit Distribution

The Company considers the return of profits to its shareholders to be one of the important missions of the management, and has established the basic policy of increasing profits and returns to shareholders while strengthening its financial position and ensuring internal reserves for future business growth.
Considering the growth and expansion phase of the Company from a medium- to long-term perspective, the Company plans to pay the optimal dividends by comprehensively taking into account such factors as the levels of the dividend on equity ratio, ROE, and profit growth rate, in addition to the dividend payout ratio, and changes in the environment of securities markets.

Dividends paid in recent fiscal years

In light of the Basic Policy for Profit Distribution described above and comprehensive consideration of the need to build internal reserves for strengthening management practices and ensuring the sustainable growth of business in the future, the Company paid 25.00 yen per share as the year-end dividend for the fiscal year ended December 31, 2017.

*MUGEN ESTATE conducted a 2-for-1 split which became effective as of July 1, 2016.

Shareholder Benefit Program

MUGEN ESTATE, while appreciating the ongoing support of its shareholders, seeks to increase the value of its stock, increase the number of shareholders who own its shares for the medium to long term, and establish a more open governance structure by encouraging many people to own its shares. With these goals in mind, the Company has been undertaking shareholder incentive programs.

① Eligible Shareholders

Shareholders listed or recorded in the share registry at the end of the second quarter of each year (June 30), who hold one unit (100 shares) or more of the Company’s shares.

② Benefit

MUGEN ESTATE's original QUO CARD (1,000 yen).

※ Year 2017 designed.

③ Scheduled delivery

Mid to end of September.