1. About JPX
  2. Investor Relations
  3. Shareholder & Stock Information
  4. Shareholder Returns

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 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 2024 in March 2022, further shareholder returns will be implemented in a flexible manner, taking into consideration future investments and other factors.

(note)
  • ･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 33 (Forecast) JPY 17 (Forecast) - -
FY2023 JPY 31 JPY 40 JPY 20 JPY 91
FY2022 JPY 26 JPY 27 JPY 10 JPY 63
FY2021 JPY 26 JPY 31 JPY 15 JPY 72
FY2020 JPY 26 JPY 32 JPY 10 JPY 68
FY2019 JPY 24 JPY 30 - JPY 54
FY2018 JPY 27 JPY 28 JPY 15 JPY 70
FY2017 JPY 24 JPY 33 JPY 10 JPY 67
FY2016 JPY 21 JPY 26 - JPY 47
FY2015*2 JPY 21 JPY 29 - JPY 50
（*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 will be conducted with an effective date of October 1, 2024 (Tuesday).Therefore, amounts for the previous dividend forecast and revised dividend forecast are those after the 2-for-1 stock split.
In addition, as disclosed in the "Notice of Revisions to Earnings Forecast and Dividend Forecast", the forecasted interim dividend per share has been revised to JPY 33 yen, and the forecasted year-end dividend per share has been revised to JPY 17 yen.
Annual dividends per share are shown as "-" because simple summation is not appropriate.

（*2）The 2-for-1 stock split effective on October 1, 2015 were conducted.Dividends per share before October 1, 2015 is shown after adjustment for such stock split.

Dividends per share (From FY2013） icon-xls
(note)
  • ･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