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 Company plans its dividend per share of 150 yen for FY2023 year-end.
The Company forecasts its dividend per share of 72.5 yen for FY2024 year-interim, 72.5 yen for FY2024 year-end.

<MS&AD Holdings>

<MSI>

*Forecast
The Company has implemented a stock split at a ratio of three stocks for one common stock with an effective date of April 1, 2024.
For the year ended March 31,2023 and the year ended March 31, 2024, the actual dividend amount before the stock split is stated.
For the year ending March 31,2025 (Forecast), the figure after the stock split is stated.
The annual total dividends per share for the year ending March 31, 2025 (Forecast) is ¥435.00, assuming that the stock split was not implemented.

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