Dividend Policy
Dividend Policy
We consider capital raised from the market to be entrusted to us by our shareholders. Therefore, we recognize that
returning profits to our shareholders through performance-linked and earnings-based dividends is one of our most
important policies. Regarding dividends, we strive to increase our payout ratio with a basic stance of rewarding our
shareholders stably and steadily over the long term, using a target dividend payout ratio of 20% as our standard.
Dividend Status
* The dividend payout ratio excluding the effects of special factors in FY 3/24, i.e., the equity method
investment gain of 5.02 billion yen and the impairment loss of 2.01 billion yen, is 20.3%.
Note: The dividend amount,EPS is calculated taking into account the 2-for-1 stock split of common shares both on
April 1, 2017 and April 1, 2024.
Shareholder Benefit Program
"Shareholder Discount Vouchers" and "Shareholder Resort Hotel Benefit Vouchers" will be sent to shareholders who hold
100 or more shares as recorded in the shareholder registry as of March 31 and September 30 each year (hereinafter
referred to as "Eligible Shareholders").
Additionally, shareholders who have continuously held our company's shares for three years or more as of March 31
will receive Long-term Shareholder Discount Vouchers.
(1) Shareholder Discount Vouchers
Long-term Shareholder Discount Vouchers
(2) Shareholder Resort Hotel Benefit Vouchers
(1) Shareholder Discount Vouchers [Issued twice a year]
Discount vouchers that can be used at facilities operated by our company and group companies, as well as
partner facilities.
*For eligible shareholders as of March 31, vouchers will be sent in early
July. (Valid until July 31 of the following year)
*For eligible shareholders as of September 30, vouchers will be sent in early
December. (Valid until December 31 of the following year)
*The benefit vouchers sent to eligible shareholders as of September 30, 2024 (sent
in early December) will be valid until June 30, 2025.
For Shareholders as of March 31, 2025 (After Change)
| Number of Shares Owned |
Face Value |
| 100 to less than 200 shares |
¥2,000 |
| 200 to less than 500 shares |
¥4,000 |
| 500 to less than 1,000 shares |
¥8,000 |
| 1,000 to less than 2,000 shares |
¥16,000 |
| 2,000 to less than 5,000 shares |
¥30,000 |
| 5,000 to less than 10,000 shares |
¥50,000 |
| 10,000 shares or more |
¥120,000 |
(2) Long-term Shareholder Discount Vouchers [Issued once a year]
Available for shareholders who have continuously held our company's shares for 3 years or more as of March
31.
Discount vouchers that can be used at facilities operated by our company and group companies, as well as
partner facilities.
*For eligible shareholders as of March 31, vouchers will be sent in early July. (Valid until
July 31 of the following year)
For Shareholders as of March 31, 2025 (After Change)
| Number of Shares Owned |
Face Value |
| 100 to less than 200 shares |
¥2,000 |
| 200 to less than 500 shares |
¥4,000 |
| 500 to less than 1,000 shares |
¥6,000 |
| 1,000 to less than 2,000 shares |
¥10,000 |
| 2,000 to less than 5,000 shares |
¥20,000 |
| 5,000 to less than 10,000 shares |
¥40,000 |
| 10,000 shares or more |
¥60,000 |
Eligible Facilities, Stores, and Services
Student Dormitories / Employee Dormitories / Resort Hotels / Dormy Inn / Spa / Training Centers / Senior
Housing / Facilities commissioned
by
local
governments (Kyoritsu Solutions) / Online shopping
site "Kyoritsu Trust NET SHOP" (Kyoritsu Trust) / "Ichigo Ichie Group" (Kyoritsu Foods Service) / Cafes (Kyoritsu Oasis) /
Partner restaurants (Kyoei Group) / Dormy Club
Karuizawa / Mongolia Village Tengel
*For payments at student dormitories, employee dormitories, and senior housing,
please contact the following:
Kyoritsu Maintenance Co., Ltd. General Affairs Department
TEL: 03-5295-7854
About Usage
Valid only for payments at facilities operated by our company and group companies, as well as partner
facilities.
Please note that vouchers cannot be exchanged for cash, and no change will be provided.
These vouchers can be used in conjunction with other discounts.
(3) Shareholder Resort Hotel Benefit Vouchers [Issued twice a year]
Special benefit vouchers exclusively for resort hotels operated by our company.
*For eligible shareholders as of March 31, vouchers will be sent in early
July. (Valid until July 31 of the following year)
*For eligible shareholders as of September 30, vouchers will be sent in early
December. (Valid until December 31 of the following year)
*The benefit vouchers sent to eligible shareholders as of September 30, 2024 (sent
in early December) will be valid until June 30, 2025.
| Number of Shares Owned |
Number of Vouchers |
| 100 to less than 200 shares |
1 vouchers |
| 200 to less than 1,000 shares |
2 vouchers |
| 1,000 to less than 2,000 shares |
3 vouchers |
| 2,000 shares or more |
10 vouchers |
View Resort
Hotels Nationwide
Discount Rate (Approximate)
Weekdays (and certain specific periods): Approximately 30% off regular rates
Days before holidays and special days: Approximately 10% off regular rates
*For rates, please check the shareholder-exclusive plans for each hotel on the "Shareholder
Exclusive Resort Hotel Benefit Voucher Reservation Site."
*Discount rates and meal arrangements (1 night with 2 meals or 1 night with breakfast) vary depending on the
hotel and season.
Available Number of People and Nights
One voucher can be used for one night's stay (for up to 10 adults per group).
Children of elementary school age or younger are not included in the usage limit.
Multiple vouchers can be used for consecutive nights or for groups of more than 10 people.
Exclusive Reservation Website for Shareholder Resort Hotel Benefit Vouchers
Please check the "Shareholder Benefit Guide" enclosed with your vouchers for the login ID and password.
* When making a reservation, you will need to register as a member on the official website. Please
proceed with member registration from here
* For email addresses that have been determined to have once set up rejection settings, the system is configured not
to send pre-registration emails again.
Please ensure that you allow the email domain before entering your email address and registering as a member.
■Email domain for member registration: @kyoritsumembers.com
Exclusive
Reservation Website for Shareholders' Resort Hotel Vouchers
Resort Hotel Shareholder Support Center Business Hours
Toll-free: 0800-100-5489
Monday-Friday: 9:30-13:00 / 14:00-17:30 Closed on Saturdays, Sundays, and holidays
For inquiries regarding the Shareholder Benefit Program, please contact:
Kyoritsu Maintenance Co., Ltd., General Affairs Department
TEL: 03-5295-7854