Shareholder Return

Basic Policy

Our basic principle is to maintain stable dividends over the long term, without being heavily impacted by short-term performance fluctuations. We will manage our balance sheet with a focus on financial stability and capital efficiency, while preserving retained earnings for future growth and striving to enhance shareholder returns.

  • Dividends
    We target a Dividend on Equity (DOE) of 3%. While maintaining a commitment to stable dividends, we will increase dividend payouts based on our performance, financial health, and investment in growth.
  • Share Repurchases
    To improve capital efficiency, we plan to repurchase a total of 100 billion yen in treasury stock over approximately five years, from November 2023 through December 2028.

Dividend Trends per Share

Created with Highcharts 9.3.3(yen)(%)2.12.22.32.32.52020/122021/122022/122023/122024/122025/12(plan)0.0050.00100.00150.00200.000.02.04.06.08.0
Interim Dividend
Year-end Dividend
DOE
100.00
110.00
120.00
120.00
130.00
145.00
50.00
50.00
60.00
60.00
65.00
70.00
50.00
60.00
60.00
60.00
65.00
75.00
 2020/122021/122022/122023/122024/122025/12(Plan)
Interim Dividends (Yen)50.0050.0060.0060.0065.0070.00
Year-end Dividends (Yen)50.0060.0060.0060.0065.0075.00
Annual Dividends (Yen)100.00110.00120.00120.00130.00145.00
DOE（%）2.12.22.32.32.5-

Share Repurchases

PeriodTotal number of shares repurchased (Shares)Total repurchase amount (Yen)
October 1, 2021～November 12, 20213,630,1009,999,729,400
November 1, 2023～February 1, 20246,468,00019,999,851,400
July 30, 2024～December 18, 20245,879,90019,999,728,700

Shareholder Benefits

NEG does not currently offer a shareholder benefits program.

Related Information
Investors
Investor News
Investor Events
President’s Message
Medium-Term Business Plan
Investor Library
Financial Results
Financial Report
Financial Highlights
Stock and Shareholder Information
Stock Information
Shareholder Return
Shareholders Meeting
Analyst Coverage
Information Disclosure
Investor Newsletter
Disclaimer