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Dividends and Shareholder Return
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Dividend on Stock
NEC implemented share consolidation with a ratio of 10 shares of common stock to 1 share as of October 1, 2017. A dividend on and after FY2018/03 below is the amount reflecting the share consolidation.
Ref: NEC Announces Change in the Number of Shares per Share Unit, Share Consolidation and Partial Amendment to Articles of Incorporation
| Years ended / ending March 31 | Interim | Year End | Per Share of Common Stock (full year) |
|---|---|---|---|
| 2025 | 70.00yen (Forecast*) |
70.00yen (Forecast*) |
140.00yen (Forecast*) |
| 2024 | 60.00yen | 60.00yen | 120.00yen |
| 2023 | 55.00yen | 55.00yen | 110.00yen |
| 2022 | 50.00yen | 50.00yen | 100.00yen |
| 2021 | 40.00yen | 50.00yen | 90.00yen |
| 2020 | 30.00yen | 40.00yen | 70.00yen |
- ※Forecast as of April 26, 2024
Fundamental Policy on Distribution of Profits
NEC believes that execution of business operations with an emphasis on capital efficiency and making proactive investments in growth areas based on a strong financial base will lead to the creation of long-term corporate value. In shareholder returns, NEC strives to make stable dividend increases based on factors such as the profit status and financial condition in each period.
Acquisition of treasury stock
We approved, at the Board of Directors meeting held on August 29, 2022, the repurchase of up to 6.7 million shares of its common stock or 30 billion yen in total for the period from August 30, 2022 to March 31, 2023, and we repurchased 6,187,500 shares of its common stock for an aggregate value of shares repurchased of about 30 billion yen as of December 8, 2022.
Stock Split
No stock split for the past 5 years.
Shareholder incentives
Not applicable.