Dividend Policy

Based on the “Capital Management Policy”, the Company aims to maintain an increasing trend of dividends by enhancing profitability over the medium term, while maintaining a stable level of dividend per share.

Track Record of Dividends

The charts below show the track record of the Company in dividends per share.
The dividend per share is 120 yen for FY2023 year-interim. (The payments are scheduled to start on Monday Dec. 4)
The Company forecasts its dividend per share of 120 yen for FY2023 year-end.

<MS&AD Holdings>

<MSI>

*Forecast
The MSI's FY2007 dividend per share of ¥16.0 is equivalent to ¥53.3 on an MS&AD basis.