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Dividend & Dividend Policy

Dividend

(yen)

  Interim Year-end Full year
Fiscal Year Ending March 31, 2018 (Plan) (Plan) 19.0 (Plan) 19.0 (Plan) 38.0
Fiscal Year Ended March 31, 2017 * 24.0 14.0 * 38.0
Fiscal Year Ended March 31, 2016 17.0 17.0 34.0
Fiscal Year Ended March 31, 2015 12.0 16.0 28.0
Fiscal Year Ended March 31, 2014 7.0 9.0 16.0
Fiscal Year Ended March 31, 2013 6.0 5.0 11.0

* Interim cash dividends for the fiscal year ending March 31, 2017 is comprised of ¥14.0 per share as an ordinary dividend and of ¥10.0 per share as the 100th anniversary commemorative dividend.

Dividend Policy

NSK places great importance on shareholder returns. Our basic dividend policy is to provide dividends to our shareholders on an ongoing basis. Specifically, we aim to pay a per-share dividend, maintaining a dividend payout ratio of approximately 30% on a consolidated basis, while taking into account financial situation.