{"id":6752,"date":"2025-05-25T22:56:14","date_gmt":"2025-05-25T13:56:14","guid":{"rendered":"https:\/\/meikou.ponosoh.jp\/index.html"},"modified":"2025-07-18T11:24:57","modified_gmt":"2025-07-18T02:24:57","slug":"returns","status":"publish","type":"page","link":"https:\/\/www.meiko-trans.co.jp\/en\/ir\/returns.html","title":{"rendered":"Dividend Policy and Shareholder Returns"},"content":{"rendered":"\n<div class=\"pagenav\">\n<ul class=\"Flexbox\">\n<li><a href=\"#pagea\">Dividend Policy<\/a><\/li>\n<li><a href=\"#pageb\">Shareholder Benefits Program<\/a><\/li>\n<\/ul>\n<\/div>\n\n\n\n<div id=\"pagea\"><\/div>\n\n\n\n<h4 class=\"wp-block-heading backb\">Dividend Policy<\/h4>\n\n\n\n<p>Our group recognizes that returning profits to shareholders is one of our key management priorities. Our basic policy is to provide stable and continuous dividends while ensuring sufficient internal reserves for future business development, capital investments, and preparation for large-scale disasters.<br>The company&#8217;s basic policy is to distribute dividends from surplus twice a year, as interim and year-end dividends. Although our Articles of Incorporation stipulate that we may pay dividends from surplus by resolution of the Board of Directors in accordance with Article 459, Paragraph 1 of the Companies Act, our basic policy is to determine the year-end dividend at the General Shareholders&#8217; Meeting.<\/p>\n\n\n\n<h5 class=\"wp-block-heading mt-space5p\">Dividend Record Dates and Payment Schedule<\/h5>\n\n\n\n<figure class=\"wp-block-table is-style-original resp\"><table><tbody><tr><th scope=\"row\">Dividend Record Dates<\/th><td>Twice a year: September 30 (interim) and March 31 (year-end)<\/td><\/tr><tr><th scope=\"row\">Dividend Payment Schedule<\/th><td>Interim dividends are paid in early December, and year-end dividends are paid in late June.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h5 class=\"wp-block-heading mt-space5p\">Dividend and Payout Ratio Trends<\/h5>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.meiko-trans.co.jp\/en\/wp\/wp-content\/uploads\/2025\/07\/shareholdergraph_en_20250331.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1068\" height=\"704\" src=\"https:\/\/www.meiko-trans.co.jp\/en\/wp\/wp-content\/uploads\/2025\/07\/shareholdergraph_en_20250331.jpg\" alt=\"\" class=\"wp-image-7314\" srcset=\"https:\/\/www.meiko-trans.co.jp\/en\/wp\/wp-content\/uploads\/2025\/07\/shareholdergraph_en_20250331.jpg 1068w, https:\/\/www.meiko-trans.co.jp\/en\/wp\/wp-content\/uploads\/2025\/07\/shareholdergraph_en_20250331-300x198.jpg 300w, https:\/\/www.meiko-trans.co.jp\/en\/wp\/wp-content\/uploads\/2025\/07\/shareholdergraph_en_20250331-1024x675.jpg 1024w, https:\/\/www.meiko-trans.co.jp\/en\/wp\/wp-content\/uploads\/2025\/07\/shareholdergraph_en_20250331-768x506.jpg 768w\" sizes=\"auto, (max-width: 1068px) 100vw, 1068px\" \/><\/a><\/figure>\n\n\n\n<figure class=\"wp-block-table is-style-original table_scroll\"><table><tbody><tr><th scope=\"col\">(Unit: yen)(Unit: %)<\/th><th scope=\"col\">FY2021<\/th><th scope=\"col\">FY2022<\/th><th scope=\"col\">FY2023<\/th><th scope=\"col\">FY2024<\/th><th scope=\"col\">FY2025<\/th><\/tr><tr><th>Interim Dividend<\/th><td>11<\/td><td>11<\/td><td>17<\/td><td>18<\/td><td>23<\/td><\/tr><tr><th>Year-end Dividend<\/th><td>11<\/td><td>20.5<\/td><td>17<\/td><td>20<\/td><td>23<\/td><\/tr><tr><th>Annual Dividend<\/th><td>22<\/td><td>31.5<\/td><td>34<\/td><td>38<\/td><td>46<\/td><\/tr><tr><th>Dividend Payout Ratio<\/th><td>15.2%<\/td><td>20.3%<\/td><td>21.8%<\/td><td>25.0%<\/td><td>25.6%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div id=\"pageb\"><\/div>\n\n\n\n<h4 class=\"wp-block-heading backb\">Shareholder Benefits Program<\/h4>\n\n\n\n<p>We offer a gift catalog featuring products primarily related to the Port of Nagoya or Aichi Prefecture, which are the main areas of our business operations.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-original  resp mt-space5p\"><table><tbody><tr><th scope=\"row\"><h6>Eligible Shareholders and Record Date<\/h6><\/th><td>Shareholders who have continuously held 300 or more shares for at least six months, as recorded in the shareholder registry as of March 31 each year, are eligible.<\/td><\/tr><tr><th scope=\"row\"><h6>Program Details<\/h6><\/th><td>We award benefit points based on the number of shares held and the holding period. Shareholders can select gifts from the catalog according to their point allocation.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h5 class=\"wp-block-heading mt-space5p\">Benefit Points Table<\/h5>\n\n\n\n<figure class=\"wp-block-table is-style-original table_scroll mt-space3p mb-space3p\"><table><tbody><tr><th scope=\"col\"><\/th><th scope=\"col\" colspan=\"2\">Benefit Points Table<\/th><\/tr><tr><th>Number of Shares<\/th><th scope=\"col\">Held for 6 months to less than 2 years *1<\/th><th scope=\"col\">Held for 2 years or more *2<\/th><\/tr><tr><th scope=\"row\">300 to 499 shares<\/th><td>1,000 points<\/td><td>2,000 points<\/td><\/tr><tr><th scope=\"row\">500 to 999 shares<\/th><td>2,000 points<\/td><td>3,000 points<\/td><\/tr><tr><th scope=\"row\">1,000 to 2,999 shares<\/th><td>3,000 points<\/td><td>4,000 points<\/td><\/tr><tr><th scope=\"row\">3,000 shares or more<\/th><td>4,000 points<\/td><td>6,000 points<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>*1 &#8220;Held for 6 months or more&#8221; means that, as of the shareholder benefit allocation record date (March 31 each year), the same shareholder number has been continuously recorded in the shareholder registry (as of March 31 and September 30) with the qualifying number of shares for at least 2 consecutive record dates.<\/p>\n\n\n\n<p class=\"mt-space3p\">*2 &#8220;Held for 2 years or more&#8221; means that, as of the shareholder benefit allocation record date (March 31 each year), the same shareholder number has been continuously recorded in the shareholder registry (as of March 31 and September 30) with the qualifying number of shares for at least 5 consecutive record dates.<\/p>\n\n\n\n<h6 class=\"wp-block-heading mt-space5p\">Sample Gift Items<\/h6>\n\n\n\n<p class=\"mt-space3p\">The images below are examples from the 2024 program. Items may change for the 2025 program.<\/p>\n\n\n\n<h5 class=\"wp-block-heading pointnum resp mt-space3p\">1,000\u30dd\u30a4\u30f3\u30c8<\/h5>\n\n\n\n<div class=\"wp-block-columns yutaibox is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/www.meiko-trans.co.jp\/en\/wp\/wp-content\/uploads\/2025\/06\/yutai_p01.png\"><img loading=\"lazy\" decoding=\"async\" width=\"226\" height=\"147\" src=\"https:\/\/www.meiko-trans.co.jp\/en\/wp\/wp-content\/uploads\/2025\/06\/yutai_p01.png\" alt=\"\" class=\"wp-image-6995\"\/><\/a><figcaption class=\"wp-element-caption\">Port of Nagoya Aquarium admission ticket<\/figcaption><\/figure>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/www.meiko-trans.co.jp\/en\/wp\/wp-content\/uploads\/2025\/06\/yutai_p02.png\"><img loading=\"lazy\" decoding=\"async\" width=\"227\" height=\"147\" src=\"https:\/\/www.meiko-trans.co.jp\/en\/wp\/wp-content\/uploads\/2025\/06\/yutai_p02.png\" alt=\"\" class=\"wp-image-6996\"\/><\/a><figcaption class=\"wp-element-caption\">Donation to the Port of Nagoya Environmental Promotion Fund<\/figcaption><\/figure>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/www.meiko-trans.co.jp\/en\/wp\/wp-content\/uploads\/2025\/06\/yutai_p03.png\"><img loading=\"lazy\" decoding=\"async\" width=\"143\" height=\"147\" src=\"https:\/\/www.meiko-trans.co.jp\/en\/wp\/wp-content\/uploads\/2025\/06\/yutai_p03.png\" alt=\"\" class=\"wp-image-6997\"\/><\/a><figcaption class=\"wp-element-caption\">Kagome juice<\/figcaption><\/figure>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/www.meiko-trans.co.jp\/en\/wp\/wp-content\/uploads\/2025\/06\/yutai_p04.png\"><img loading=\"lazy\" decoding=\"async\" width=\"187\" height=\"147\" src=\"https:\/\/www.meiko-trans.co.jp\/en\/wp\/wp-content\/uploads\/2025\/06\/yutai_p04.png\" alt=\"\" class=\"wp-image-6998\"\/><\/a><figcaption class=\"wp-element-caption\">Nagoya noodle set<\/figcaption><\/figure>\n<\/div><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h5 class=\"wp-block-heading pointnum\">2,000 Points<\/h5>\n\n\n\n<div class=\"wp-block-columns yutaibox is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/www.meiko-trans.co.jp\/en\/wp\/wp-content\/uploads\/2025\/06\/yutai_p05.png\"><img loading=\"lazy\" decoding=\"async\" width=\"172\" height=\"147\" src=\"https:\/\/www.meiko-trans.co.jp\/en\/wp\/wp-content\/uploads\/2025\/06\/yutai_p05.png\" alt=\"\" class=\"wp-image-7001\"\/><\/a><figcaption class=\"wp-element-caption\">Beef tendon doteni stew<\/figcaption><\/figure>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/www.meiko-trans.co.jp\/en\/wp\/wp-content\/uploads\/2025\/06\/yutai_p06.png\"><img loading=\"lazy\" decoding=\"async\" width=\"186\" height=\"147\" src=\"https:\/\/www.meiko-trans.co.jp\/en\/wp\/wp-content\/uploads\/2025\/06\/yutai_p06.png\" alt=\"\" class=\"wp-image-7002\"\/><\/a><figcaption class=\"wp-element-caption\">Sujata Meiraku 100% pomegranate juice<\/figcaption><\/figure>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h5 class=\"wp-block-heading pointnum\">3,000 Points<\/h5>\n\n\n\n<div class=\"wp-block-columns yutaibox is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/www.meiko-trans.co.jp\/en\/wp\/wp-content\/uploads\/2025\/06\/yutai_p07.png\"><img loading=\"lazy\" decoding=\"async\" width=\"227\" height=\"147\" src=\"https:\/\/www.meiko-trans.co.jp\/en\/wp\/wp-content\/uploads\/2025\/06\/yutai_p07.png\" alt=\"\" class=\"wp-image-7003\"\/><\/a><figcaption class=\"wp-element-caption\">Kakukyu red miso paste<\/figcaption><\/figure>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/www.meiko-trans.co.jp\/en\/wp\/wp-content\/uploads\/2025\/06\/yutai_p08.png\"><img loading=\"lazy\" decoding=\"async\" width=\"172\" height=\"146\" src=\"https:\/\/www.meiko-trans.co.jp\/en\/wp\/wp-content\/uploads\/2025\/06\/yutai_p08.png\" alt=\"\" class=\"wp-image-7004\"\/><\/a><figcaption class=\"wp-element-caption\">Ryoguchiya Korekiyo confectionery set<\/figcaption><\/figure>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h5 class=\"wp-block-heading pointnum\">4,000 Points<\/h5>\n\n\n\n<div class=\"wp-block-columns yutaibox is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/www.meiko-trans.co.jp\/en\/wp\/wp-content\/uploads\/2025\/06\/yutai_p09.png\"><img loading=\"lazy\" decoding=\"async\" width=\"227\" height=\"147\" src=\"https:\/\/www.meiko-trans.co.jp\/en\/wp\/wp-content\/uploads\/2025\/06\/yutai_p09.png\" alt=\"\" class=\"wp-image-7007\"\/><\/a><figcaption class=\"wp-element-caption\">Okowa-style eel rice<\/figcaption><\/figure>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.meiko-trans.co.jp\/en\/wp\/wp-content\/uploads\/2025\/06\/yutai_p10.png\"><img loading=\"lazy\" decoding=\"async\" width=\"227\" height=\"147\" src=\"https:\/\/www.meiko-trans.co.jp\/en\/wp\/wp-content\/uploads\/2025\/06\/yutai_p10.png\" alt=\"\" class=\"wp-image-7008\"\/><\/a><figcaption class=\"wp-element-caption\">Shureiton ham assortment<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h5 class=\"wp-block-heading pointnum\">5,000 Points<\/h5>\n\n\n\n<div class=\"wp-block-columns yutaibox is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/www.meiko-trans.co.jp\/en\/wp\/wp-content\/uploads\/2025\/06\/yutai_p11.png\"><img loading=\"lazy\" decoding=\"async\" width=\"227\" height=\"147\" src=\"https:\/\/www.meiko-trans.co.jp\/en\/wp\/wp-content\/uploads\/2025\/06\/yutai_p11.png\" alt=\"\" class=\"wp-image-7009\"\/><\/a><figcaption class=\"wp-element-caption\">Mikawa beef<\/figcaption><\/figure>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/www.meiko-trans.co.jp\/en\/wp\/wp-content\/uploads\/2025\/06\/yutai_p12.png\"><img loading=\"lazy\" decoding=\"async\" width=\"227\" height=\"147\" src=\"https:\/\/www.meiko-trans.co.jp\/en\/wp\/wp-content\/uploads\/2025\/06\/yutai_p12.png\" alt=\"\" class=\"wp-image-7010\"\/><\/a><figcaption class=\"wp-element-caption\">Noritake cup and saucer<\/figcaption><\/figure>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<p>Reference Information<br><a href=\"https:\/\/www.meiko-trans.co.jp\/wp\/wp-content\/uploads\/2024\/11\/2024yuutaituuchisho.png\" target=\"_blank\" rel=\"noreferrer noopener\">2024 Shareholder Benefits Notice<\/a><br><a href=\"https:\/\/giftpad.jp\/login\/meiko_trans2024\" target=\"_blank\" rel=\"noreferrer noopener\">2024 Shareholder Benefits Application Page<\/a><br>(Application period ended August 31, 2024)<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-original resp mt-space5p\"><table><tbody><tr><th scope=\"row\"><h6>Annual Schedule for Shareholder Benefits<\/h6><\/th><td>March 31: Shareholder registry record date<br>\n\t\t\t            Early June: Shareholder benefits notice sent<br>\n\t\t              August 31: Application deadline for shareholder benefits<\/td><\/tr><tr><th scope=\"row\"><h6>Frequently Asked Questions<\/h6><\/th><td>Please view FAQs <a href=\"faq.html\">here<\/a>.<\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Dividend Policy Shareholder Benefits Program Dividend Policy Our group recognize &#8230; <\/p>\n","protected":false},"author":1,"featured_media":0,"parent":25,"menu_order":8,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-6752","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.meiko-trans.co.jp\/en\/wp-json\/wp\/v2\/pages\/6752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.meiko-trans.co.jp\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.meiko-trans.co.jp\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.meiko-trans.co.jp\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.meiko-trans.co.jp\/en\/wp-json\/wp\/v2\/comments?post=6752"}],"version-history":[{"count":13,"href":"https:\/\/www.meiko-trans.co.jp\/en\/wp-json\/wp\/v2\/pages\/6752\/revisions"}],"predecessor-version":[{"id":7346,"href":"https:\/\/www.meiko-trans.co.jp\/en\/wp-json\/wp\/v2\/pages\/6752\/revisions\/7346"}],"up":[{"embeddable":true,"href":"https:\/\/www.meiko-trans.co.jp\/en\/wp-json\/wp\/v2\/pages\/25"}],"wp:attachment":[{"href":"https:\/\/www.meiko-trans.co.jp\/en\/wp-json\/wp\/v2\/media?parent=6752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}