Stock Information

Basic Stock Information (as of March 31, 2021)

Code Number 6461
Stock Listing Tokyo Stock Exchange
Total Number of Authorized Shares 19,545,000 shares
Total Number of Issued Shares 8,374,157 shares
Number of Shareholders 8,446
Fiscal Year From April 1 to March 31 of the following year
Record Date for
Year-end Dividends
March 31
Record Date for
Interim Dividends
September 30
Annual General Meeting of Shareholders Every June
Shareholder Register Manager Special Account Managing Firm Mitsubishi UFJ Trust and Banking Corporation
Contact Information of the Above Firm Stock Transfer Agent Department,
Mitsubishi UFJ Trust and Banking Corporation
Shin-Tokyo Post Office, PO Box No. 29, Tokyo 137-8081, Japan
TEL 0120-232-711 (toll-free)
Method of Public Notice

Public notice is made by electronic means.
However, in the event that electronic public notice is impossible as a result of an accident or for another unavoidable reason, such public notice shall be posted in the Nihon Keizai Shimbun.

Electronic Public Notice(Japanese Only)
Shareholder Special Benefits No shareholder special benefit is offered currently.

Major Shareholders (as of March 31, 2021)

Name Number of
Shares Held
(1,000 shares)
Percentage of
Ownership (%)
The Master Trust Bank of Japan, Ltd. (Trust Account) 503 6.30
Custody Bank of Japan, Ltd. (Trust account) 386 4.84
The Nomura Trust and Banking Co., Ltd. (NIPPON PISTON RINGl Employee Stock Purchase Plan Trust Account) 313 3.92
Tokio Marine & Nichido Fire Insurance Co., Ltd. 267 3.35
Asahi Mutual Life Insurance Company 259 3.25
Nippon Piston Ring Employee Shareholding Association 232 2.91
DFA INTL SMALL CAP VALUE PORTFOLIO 182 2.28
Shinsei Bank, Limited 165 2.07
NIPPON PISTON RING Business Partners Shareholders' Association 155 1.95
Mitsubishi UFJ Trust and Banking Corporation 148 1.86

Note: Percentages of ownership are calculated excluding treasury shares (390 thousand shares).
Also, percentages of ownership are rounded off to two decimal places.

Shareholder Return / Dividends

We place the appropriate distribution of profits to our shareholders as a principal management task, and we intend to provide stable and continuous dividends in consideration of balance with investment for growth and enhancement of corporate value, and financial soundness. During the eighth mid-term management plan (FY2021 to FY2023), our dividend policy is to maintain a consolidated dividend payout ratio for annual dividends including interim and year-end dividends of around 30% or more and to implement stable distribution in line with the business results.
We use our retained earnings to construct and maintain our production bases, invest in equipment, and conduct R&D activities that are indispensable for improving our financial structure, competitiveness, and earnings. Through these efforts, we will continue to strive to enhance our corporate value.

Fiscal Term 121st 122nd 123rd 124th 125th
Fiscal Year FY 2016 FY 2017 FY 2018 FY 2019 FY 2020
Dividend per share (yen) 65.00 70.00 75.00 75.00 20.00
Interim dividend (yen) - - 30.00 20.00 0.00
Year-end dividend (yen) 65.00 70.00 45.00 55.00 20.00
Dividend payout ratio 22.1% 25.2% 32.7% 125.1% -

Note: We started to pay interim dividend from the 123rd fiscal term.

General Shareholders Meetings

127th Annual General Meeting of Shareholders (FY 2020)
Notice of Convocation of the 127th Annual General Meeting of Shareholders PDF227KB
126th Annual General Meeting of Shareholders (FY 2019)
Notice of Convocation of the 126th Annual General Meeting of Shareholders PDF959KB
125th Annual General Meeting of Shareholders (FY 2018)
Notice of Convocation of the 125th Annual General Meeting of Shareholders PDF321KB
124th Annual General Meeting of Shareholders (FY 2017)
Notice of Convocation of the 124th Annual General Meeting of Shareholders PDF192KB
123rd Annual General Meeting of Shareholders (FY 2016)
Notice of Convocation of the 123rd Annual General Meeting of Shareholders PDF318KB
FISCO Corporate analysis report

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