Shareholder Returns (Dividends, Benefits)
Dividend Information
Post-Listing Stock Splits
| Effective date | January 1, 2019 |
|---|---|
| Split ratio | 2-for-1 |
Basic policy regarding the distribution of company profits
OBC’s dividend policy is, first and foremost, to maintain stable, long-term returns to shareholders. On the other hand, our industry is a growing industry. In order to maintain returns to shareholders, it is essential that we continue to engage in research and development, improve our development environment (core environment for advanced IT technology), and strengthen our sales force. Therefore, our basic policy is to reinforce our corporate structure, enhance internal reserves to ensure stable profits, and distribute dividends based on actual profits made. We will continue to strive to improve our earning power to increase the level of earnings per share and intend to distribute the results based on a comprehensive assessment of our profitability.
Shareholder Benefits
Eligibility for shareholder benefits
Shareholders who own the number of shares constituting one unit (100 shares) or more as recorded in the list of shareholders and list of substantial shareholders as of March 31 of each year are eligible to receive these benefits.
Shareholder benefit details
Eligible shareholders will receive QUO Cards, prepaid cards that can be used at convenience stores, family restaurants, gas stations, and other locations throughout Japan.
| Number of shares held | Benefit |
|---|---|
| 100–1,999 shares | Original QUO Card equivalent to ¥3,000 |
| 2,000–19,999 shares | Original QUO Card equivalent to ¥6,000 |
| 20,000 shares or more | Original QUO Card equivalent to ¥9,000 |
Timing of benefits
Benefits are scheduled to be distributed in June each year.