Stock Information

■ For FYE 03/26, NICIGAS plans to continue to increase dividend

NICIGAS focuses on return to shareholders. For FYE 03/26, NICIGAS plans to increase dividend per share by ¥103, an increase of +¥10.5 YoY.

■ NICIGAS plans total return ratio over 100%, further enhancing Return to Shareholders

NICIGAS plans total return ratio over 100% in 3 years from FYE 03/24 to FYE 03/26. Specifically, (1) NICIGAS will return an amount equal to total net income in 3 years from FYE 03/24 to FYE 03/26 (Plan: c. ¥36.3B) to shareholders by way of dividend and share buyback. NICIGAS focuses on increasing dividend, and plans to allocate ¥30.0B out of ¥36.3B to dividend and apportion the remainder to share buyback. In addition, (2) NICIGAS plans additional return to shareholders (share buyback), apart from (1) above, as a result of optimization of capital-to-asset ratio. Regarding total share buyback of (1) and (2), the Company plans to expand to ¥20.9B from ¥17.5B in the initial plan. This is an additional return to shareholders for the unnecessary portion of the reduction in required shareholders' equity.

(*)For FYE 03/24 and FYE 03/25, NICIGAS returned to shareholders ¥18.7B for dividend and ¥11.9B for share buyback. For FYE 03/26, the Company plans to return to shareholders ¥11.3B for dividend and ¥9.0B for share buyback.
(*)After the stock split (NICIGAS split its ordinary share three-for-one on an effective date of April 1st, 2021)
(*)All dividend amounts are based on board resolution