Tokio Marine Group regards dividends as the basis of shareholder returns, and our policy is to increase dividend continuously in line with profit growth.
In addition, capital level adjustment will be carried out in a flexible manner, comprehensively taking into account the ESR level, M&A pipelines, business environment, and ROE targets, etc.
Scheduled date to commence dividend payments in FY2023
June 25, 2024
Dividend
Dividend per Share Trends
| Fiscal year | Dividend per Share (yen) | Total amount of dividends to shareholders (Billions of yen) |
||
|---|---|---|---|---|
| Interim | Year-End | Annual (Total) | ||
| 2024 (Projection) | 79.5 | 79.5 | 159 | 313.9 |
| 2023 | 60.5 | 62.5 | 123 | 243.0 |
| 2022 | 50 | 50 | 100 | 200.2 |
| 2021 | 40 | 45 | 85 | 173.9 |
| 2020 | 33 | 33 | 67 | 173.9 |
| 2019 | 32 | 32 | 63 | 133.0 |
| 2018 | 30 | 30 | 60 | 128.0 |
| 2017 | 27 | 27 | 53 | 117.6 |
| 2016 | 23 | 24 | 47 | 105.3 |
| 2015 | 18 | 19 | 37 | 83.0 |
- The total amount of dividends paid to shareholders is based on the amount before reflecting the acquisition of treasury stock.
- Dividends prior to FY2021 are recalculated after the stock split (3 splits) in October 2022 (rounded to the nearest 1 yen).
Share Buybacks, etc
Trends of Adjustment of Capital Level (Share Buybacks, etc)
| Fiscal year | Adjustment of Capital Level (Share Buybacks, etc) |
|---|---|
| 2024 (Projection) | 200.0 |
| 2023 | 120.0 |
| 2022 | 100.0 |
| 2021 | 100.0 |
| 2020 | 50.0 |
| 2019 | 50.0 |
| 2018 | 125.0 |
| 2017 | 150.0 |
| 2016 | 50.0 |
| 2015 | - |
* Adjustment of capital level (share buybacks, etc.) is the total amount approved by the announcement date of financial results of each fiscal year (excluding FY2024).
Trends of the Cancellation of Shares held the Company
| Fiscal year | Number of shares to be cancelled | Number of issued shares (including treasury shares) after the cancellation |
|---|---|---|
| 2023 | -24,500,000 | 1,978,000,000 |
| 2022 | -37,500,000 | 2,002,500,000 |
| 2021 | -52,500,000 | 2,040,000,000 |
| 2020 | -13,500,000 | 2,092,500,000 |
| 2019 | -24,000,000 | 2,106,000,000 |
| 2018 | -114,073,125 | 2,130,000,000 |
| 2017 | -15,000,000 | 2,244,073,125 |
| 2016 | -13,500,000 | 2,259,073,125 |
| 2015 | - | 2,272,573,125 |
| 2014 | -36,000,000 | 2,272,573,125 |
-
* Figures before FY2021 are recalculated based on the stock split (3 splits) in October 2022.
