Circle K Sunkus regards dividends as the most important means of returning earnings to shareholders. Circle K Sunkus' basic policy is to return profits to shareholders based on earnings growth, while building up retained earnings to bolster the operating base as necessary to sustain business growth into the future. More specifically, Circle K Sunkus considers the maintenance of stable dividends its first priority, as it return earnings to shareholders while carefully monitoring our medium-term earnings outlook, capital expenditure plans and financial position, with the aim of paying out at least 30% of net income as dividends.
| 2007/2 | 2008/2 | 2009/2 | 2010/2 | 2011/2 | |
|---|---|---|---|---|---|
| Interim Dividends per Share | 19 | 20 | 20 | 20 | 20(plan) |
| Fiscal Year-end Dividends per Share | 19 | 20 | 20 | 20 | 20(plan) |
| Annual Dividends per Share | 38 | 40 | 40 | 40 | 40(plan) |
| Payout Ratio | 31.7% | 39.1% | 35.5% | 60.3% | 65.8%(plan) |
| Ratio of Dividends to Total Equity | 2.7% | 2.7% | 2.6% | 2.5% | 2.5%(plan) |
Circle K Sunkus conducted share buybacks from October 11 to December 19, 2006 pursuant to a resolution on October 10, 2006 to buy back up to ¥5.0 billion in shares, with the aim of returning earnings to shareholders. Details are as follows:
・PNo. shares acquired: 2,387,600
・Total value of acquired shares: ¥4,999,969,300