Dividend Policy

JAC Recruitment regards the return of profits to be an important management issue, to allow us to build a long-term relationship of trust with our shareholders. Our basic principle on dividend policy is to continue to pay stable dividends while securing the internal reserves required to expand business in the future and to strengthen our business platform.
Our basic policy is to pay dividends from surplus once a year as year-end dividends, and the body that determines these dividends is the General Meeting of Shareholders.
Note that the Articles of Incorporation state that, subject to the approval of the Board of Directors, a dividend from surplus as stipulated in Article 454, Paragraph 5 of the Companies Act (i.e. an interim dividend) may be distributed to those shareholders or registered pledgees of shares who are listed or recorded in the latest Register of Shareholders as of June 30 each year.

 

  • Regarding the dividend of surplus in fiscal year 2023, as a result of comprehensively taking into account the fact that this fiscal year's results improved from the initial earnings forecast and the dividend payout ratio, the year-end dividend of JPY90 per share, an increase of JPY5 from the initial dividend forecast, was resolved at the 37th Ordinary General Meeting of Shareholders held on 27 March, 2024.The total amount of dividends is JPY3.635 billion.The total amount of dividends includes JPY45 million of dividends paid on the Company's own shares held in trust.

Dividend Trends

2019/12 2020/12 2021/12 2022/12 2023/12 2024/12
(Expected)
Dividend Per Share(yen) 1Q ------
2Q 0.000.000.000.000.000.00
3Q ------
FY-End 20.0020.0018.2520.0022.5026.00
Total 20.0020.0018.2520.0022.5026.00
Amount of Dividends(million yen) 3,3033,3032,9903,2783,635-
Payout Ratio(%) 75.9180.076.865.260.961.8
Ratio of Total Amount of Dividends to Net Assets(%) 21.621.620.821.221.1-

History of Share Split

Implementation Date (effective date) Split Ratio Number of Shares after Split
(100 shares at IPO)
Jan. 1, 2013 1:10 1,000 shares
Jan. 1, 2014 1:3 3,000 shares
Jan. 1, 2015 1:2 6,000 shares
Jan. 1, 2024 1:4 24,000 shares

Acquisition and Disposal of treasury Share

Period treasury Shares
as of Jan. 1
Increased Number
during the Period
Decreased Number
during the Period
treasury Shares
as of Dec. 31
FY2019 628,783 shares - 206,434 shares 422,349 shares
FY2020 422,349 shares - 142,164 shares 280,185 shares
FY2021 280,185 shares 744,553 shares - 1,024,738 shares
FY2022 1,024,738 shares - 18,867 shares 1,005,871 shares
FY2023 1,005,871 shares 494,375 shares - 1,500,246 shares