Shareholder Return Policy

Use steadily generated cash flow effectively as shown below from an EVA and ROIC standpoint as shown below toward further development.

  • Strategic investments including M&A (also including share repurchases)
  • Capital expenditures for future growth
  • Steady and continuous dividend increases

Kao places priority on providing shareholders with stable, continuous cash dividends.

FY2025: 36th consecutive increase in dividends

Kao has raised annual dividends to 154 yen per share for the fiscal year ended December 31, 2025, the 36th consecutive increase in cash dividends.

  • * Impacts of share splits are retroactively reflected.

Total cost of share repurchases: 773.8 billion yen

Aggregated to December 31, 2025, Kao Corporation repurchased 208.2 million shares at a cost of 773.8 billion yen.

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