Dividend policy

Topcon emphasizes shareholder returns and outlines as our basic policy the continued distribution of stable dividends mainly corresponding to growth in [consolidated] earnings.
Moreover, we project payout ratio of 35% or more in our Third Mid-Term Business Plan.

Historical dividend data

FYInterim dividend (yen)Year-end dividend (yen)Annual dividend (yen)Payout ratio
2022 (forecast)20204035.1%
202110263635.4%
20200101044.3%
2019141024270.7%
201812122438.9%
201710102035.2%
2016881638.6%
201512122461.6%
2014881619.9%
2013551018.1%
2012246109.4%
2011224
2010224

*Payout ratio = Shareholder Return per share / Profit attributable to owners of parent per share × 100%