Consolidated dividend annual payout ratio target: around 30%
Factors to be considered to return the profit to shareholders include:
capital requirements for investments to raise corporate value,
our performance forecast,
consolidated and non-consolidated balance sheets.
The level of the first-half dividend is determined based on consideration of interim performance figures and forecasts for the full fiscal year performance.
Dividend of FY2023
Nippon Steel plans the full-year dividend for Fiscal 2023 of JPY150 or more per share (including an interim dividend of JPY75) with a view to achieving a continuous high-level return to shareholders.