Shareholder Returns
Basic Policy on Profit Distribution
JPX recognizes the significance of sharing profits with shareholders as part of its management plans.
JPX adopts a dividend policy with a target payout ratio of about more than 60% tied to business performance while giving due consideration to the importance of internal reserves for the following purposes:
－ Maintaining sound financial health as a financial instruments exchange group,
－ Preparing for risks as a clearing organization, and
－ Enabling the group to pursue investment opportunities to raise the competitiveness of its markets as they arise.
Additionally, as announced in the Medium-Term Management Plan 2027 in March 2025, further shareholder returns will be implemented in a flexible manner, taking into consideration future investments and other factors.
- ･Since FY2015, JPX has raised its target dividend payout ratio from approx. 40% to approx. 60%.
Dividends per share
| Interim Dividends | Year-end Dividends | Special / Commemorative Dividends | Dividends (Annual Rate) | |
|---|---|---|---|---|
| FY2024 1 | JPY 16.5 | JPY 19 | JPY 10 | JPY 45.5 |
| FY2023 | JPY 15.5 | JPY 20 | JPY 10 | JPY 45.5 |
| FY2022 | JPY 13 | JPY 13.5 | JPY 5 | JPY 31.5 |
| FY2021 | JPY 13 | JPY 15.5 | JPY 7.5 | JPY 36 |
| FY2020 | JPY 13 | JPY 16 | JPY 5 | JPY 34 |
| FY2019 | JPY 12 | JPY 15 | - | JPY 27 |
| FY2018 | JPY 13.5 | JPY 14 | JPY 7.5 | JPY 35 |
| FY2017 | JPY 12 | JPY 16.5 | JPY 5 | JPY 33.5 |
| FY2016 | JPY 10.5 | JPY 13 | - | JPY 23.5 |
| FY2015 2 | JPY 10.5 | JPY 14.5 | - | JPY 25 |
| （1） | As disclosed in the "Notice Regarding Stock Split as well as Related Items such as Amendment to Articles of Incorporation and Revision to Dividend Forecast", a 2-for-1 stock split was conducted with an effective date of October 1, 2024.The dividend amounts reflect the consideration of the stock split. |
| （2） | The 2-for-1 stock split effective on October 1, 2015 was conducted.The dividend amounts reflect the consideration of the stock split. |
| Dividends per share (From FY2013） |  |
|---|
- ･Data on dividends from FY2013 is available.
Acquisition of Own Shares
| Acquisition period | Number of shares (Shares) | Total amount (JPY bil.)* |
| January 31, 2023 to July 27, 2023 | 6,289,200 | 12.6 |
| April 30, 2021 to September 7, 2021 | 7,773,000 | 20.0 |
| January 31, 2017 to May 18, 2017 | 9,963,600 | 16.0 |
| July 29, 2016 to January 27, 2017 | 2,746,800 | 4.0 |
- Amounts of less than hundred million yen are rounded off.
Cancellation of Treasury Shares
| Date of Cacellation | Number of shares(Shares) |
| February 9, 2024 | 6,289,258 |
| February 10, 2022 | 7,773,007 |
| February 9, 2018 | 12,717,652 |