Shareholder returns (dividends, shareholder benefits, etc.)
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Shareholder returns (dividends, shareholder benefits, etc.)
Basic Policy on Shareholder Return
We strive to continuously increase our enterprise value and are proactively working on shareholder returns. While prioritizing business investment to realize growth, we strive to steadily and sustainably increase dividends based on medium- to long-term profit growth on a consolidated basis, and flexibly acquire treasury stock as necessary to improve capital efficiency and the level of return.
Dividends
| 2021/5 term | 2022/5 term | 2023/5 term | 2024/5 term | 2025/5 term | FY2026/5 (forecast) | |
|---|---|---|---|---|---|---|
| Interim dividends (yen) | 10.5 | 11.4 | 13.6 | 15.0 | 17.5 | 20.0 |
| Annual dividends (yen) | 20.9 | 27.3 | 27.3 | 30.0 | 35.0 | 40.0 |
| DOE（%） | 1.55 | 1.83 | 1.75 | 1.79 | 2.01 | 2.30 or higher |
- *We carried out a 1:1.1 stock split and then a 1:2 stock split on September 1, 2023 and June 1, 2025, respectively, as the effective dates. Dividends per share shown are figures adjusted after the stock splits.
- *DOE stands for Dividend On Equity ratio and is obtained by dividing total dividends by shareholder’s equity and multiplying it by 100 (%). We use total dividends and shareholder’s equity to obtain DOE.
- *The dividend for the fiscal year ended May 2022 includes a commemorative dividend.
Track record of acquisition and retirement of treasury stock
Acquisition of treasury stock
Cancellation of treasury stock
- The Company conducted a stock split at a ratio of 2 for 1 common share on June 1, 2025, and the number of shares after the split is stated.
Shareholder benefits program
We have introduced a shareholder benefit program effective from November 2025 (record date) to express our gratitude to our shareholders for their ongoing support and to contribute to the healthy lives of our shareholders and the realization of a society in which people live long and healthy lives as a pharmaceutical company.
Shareholders eligible for shareholder benefits
Eligible shareholders are those who have held 100 or more of the Company's shares for six months or more as of the record date (the last day of November and the last day of May each year).
However, on the record date of the end of November 2025, immediately after the introduction of the shareholder benefits program, all shareholders holding 100 or more shares of the Company's stock will be eligible.
Details of the Shareholder benefits
Depending on the number of shares held and the holding period as listed below, you can purchase our health foods at a 60% discount through our online shareholder benefits shop.
| course | 保有株式数 | End of November 2025 (No continuous holding period) |
After the end of May 2026 (Continuous holding period of six months or more) |
|---|---|---|---|
| Platinum Course | 500 shares or more | Up to 5 items | Up to 5 items |
| Gold Course | 100 to 499 shares | Up to 1 item | Up to 1 item |
- The requirement for continued ownership is that shareholders whose ownership is listed or recorded in the shareholder register for two consecutive periods (end of November and end of May) using the same shareholder number are eligible.
- For products with multiple items per box, each box counts as one unit.
- The URL for the Shareholder Benefits Shop will be included in each Shareholder Benefits Information Letter.
Timing of the Distribution
The record dates are the last day of November and the last day of May each year, and the information will be sent by mail along with the documents for shareholders within three months of the rights determination date.
The timing of sending notifications and the period of use corresponding to each base date are as shown in the table below.
More details will be provided in the shareholder benefit information letter sent to eligible shareholders.
| Base date: End of November each year | Base date: End of May each year | |
| Timing of Sending of shareholder benefit information letter | End of January next year | Early August of the same year |
| Available period | End of January to mid-July of the following year | Early August of the same year to early January of the following year |
Sample letter of information for shareholder benefits
This is a sample of the information letter sent to shareholders eligible for shareholder benefits.
(The actual invitation letter will contain contact information and URLs for shareholder benefit shops for each course, which may differ from the actual one.)
To all those who have received a notice regarding shareholder benefits:
In the "letter of information for shareholder benefits" that was sent by mail in late January 2026,There was an error in the listed quantity for the product "Cassis Eye Power II".
Correct: Cassis Eye Power II 90 cap.×3
Incorrect: Cassis Eye Power II 90 cap. Please check the correct information at our online shareholder benefits shop.
Shareholder benefit products
The following seven types of products are eligible. Please note that the eligible products,prices, and specifications are subject to change in the future.
| Product name | Prime Aojiru+Vegetable Enzyme 108 | Ｑ10 Prime | Lable Jelly II | Cassis Eye Power II |
|---|---|---|---|---|
| Product Category | Barley Grass Powder Processed Food Nutritional Function Food (Vitamin B12) | Coenzyme Q10-Containing Food | Lable Bacteria-Containing Processed Food | Cassis Extract Processed Food |
 |
 |
 |
 |
|
| Volumes | 90 pk. | 60 cap. x 2 240 cap. x 2 |
30 pk. x 3 | 90 cap. x 3 |
| Retail Rrice (tax included) | 8,640 JPY | 14,040 JPY 49,680 JPY |
12,636 JPY | 22,032 JPY |
| Product name | Hyaluron Q Plus III | Lina Health Plus | Ginkgo Leaf Q |
|---|---|---|---|
| Product Category | Hyaluronic Acid-Containing Processed Food, Nutritional Function Food (biotin) | Spirulina Food,Nutritional Function Food(vitamin C) | Ginkgo Leaf Extract Processed Food |
 |
 |
 |
|
| Volumes | 80 cap. x 3 320 cap. x 2 |
1,800 cap. | 90 cap. x 3 |
| Retail Rrice (tax included) | 25,920 JPY 62,640 JPY |
10,800 JPY | 22,680 JPY |