Strong Financial Performance in FY 2024
Adjusted net income for FY 2024 was JPY680.9 billion, exceeding the February forecast by JPY27.9 billion, with a year-over-year growth of 14%.
Increased Dividend Payout
DPS for fiscal year 2024 was JPY172, an increase of JPY10 over the forecast at mid-year, resulting in a 40% growth. DPS for fiscal 2025 is projected to increase by JPY38 to JPY210, a growth of 22%.
Successful Sale of Business-Related Equities
Sales of business-related equities amounted to JPY922 billion in FY 2024, exceeding the February forecast by JPY10 billion and 1.5x higher than the initial forecast.
Steady Growth Forecast for FY 2025
Forecast for fiscal 2025 is JPY700 billion excluding gains on sales, with expected 3% growth, driven by strong performance of international business and rate increase in Japan P&C.
Planned Share Buybacks
For fiscal 2025, the company plans to repurchase JPY220 billion of its own shares, with JPY110 billion already approved.