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 FY2021
End of term: Jun 28, 2022
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) | ||
| 2022 (Projection) *1 | 150 | 150 | 300 | 203.6 |
| 2021 | 120 | 135 | 255 | 173.9 |
| 2020 | 100 | 100 | 200 | 173.9 |
| 2019 | 95 | 95 | 190 | 133.0 |
| 2018 | 90 | 90 | 180 | 128.0 |
| 2017 | 80 | 80 | 160 | 117.6 |
| 2016 | 67.5 | 72.5 | 140 | 105.3 |
| 2015 | 52.5 | 57.5 | 110 | 83.0 |
| 2014 | 40 | 55 | 95 | 72.2 |
| 2013 | 30 | 40 | 70 | 53.7 |
- *1 Before reflecting share buybacks.
- *2 Regarding "Dividend per Share", a one to five hundred common stock split on September 30, 2006 has been taken into consideration in retroactive adjustments.
Share Buybacks, etc
Trends of Adjustment of Capital Level (Share Buybacks, etc)
| Fiscal year | Adjustment of Capital Level (Share Buybacks, etc) |
|---|---|
| 2022 (Projection) | 100.0 |
| 2021 | 100.0 |
| 2020 | 50.0 |
| 2019 | 50.0 |
| 2018 | 125.0 |
| 2017 | 150.0 |
| 2016 | 50.0 |
| 2015 | - |
| 2014 | 50.0 |
| 2013 | - |
* Adjustment of capital level (share buybacks, etc.) is the total amount approved by the announcement date of financial results of each fiscal year (excluding FY2022).
Regarding details on shareholder returns, please refer to FY2021 IR Conference material of "Tokio Marine Group's Business Strategy"
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 |
|---|---|---|
| 2021 | -17,500,000 | 680,000,000 |
| 2020 | -4,500,000 | 697,500,000 |
| 2019 | -8,000,000 | 702,000,000 |
| 2018 | -38,024,375 | 710,000,000 |
| 2017 | -5,000,000 | 748,024,375 |
| 2016 | -4,500,000 | 753,024,375 |
| 2015 | — | 757,524,375 |
| 2014 | -12,000,000 | 757,524,375 |
| 2013 | — | 769,524,375 |
| 2012 | -35,000,000 | 769,524,375 |
