Based on the Shareholder returns policy outlined in the Long-term Strategy and Medium-term Business Plan (INPEX Vision@2022) announced in February 2022, the Company has made it a policy to maintain stable dividend payouts during the period covered by the medium-term business plan from fiscal year 2022 to fiscal year 2024 with a total payout ratio of around 40% or greater, and a minimum annual dividend per share of ¥30, as well as to strengthen Shareholder returns through means including the acquisition of own shares based on the Company’s business environment, financial base and management conditions, etc.
Based on the Shareholder returns policy outlined in the Mid-term Business Plan 2025 - 2027 announced on February 2025, our basic policy during the period of 2025 to 2027 is to aim for a total payout ratio of 50% or more, and to strengthen Shareholder returns in line with growth in financial performance, by implementing a stable Shareholder returns through introduction of a progressive dividend payout starting with 90 yen per share annually, and by implementing flexible share buybacks in line with the business environment and financial and management conditions.
