（執筆：フィスコ客員アナリスト 清水陽一郎）■Shareholder return policy
ASIAN STAR ＜8946＞ positions return of profits to shareholders as an important management policy. The basic policy is to maintain a stable dividend level while comprehensively judging performance, fund demand forecasts, etc., and the ratio (dividend ratio) of dividends to net income attributable to parent company shareholders is about 35% as a standard.
The year-end dividend for the fiscal year ending 2023/12 was determined to be important and was undistributed, and no distribution is planned for the fiscal year ending 2024/12 due to the idea that strengthening the profit base is a priority. However, dividends are planned by securing stable profits in the future. Meanwhile, the “ASIAN STAR PREMIUM PREMIUM CLUB” was introduced in January 2022 with the aim of increasing shareholder holdings over the medium to long term. Preferential points are presented according to the number of shares held (5,000 shares or more), and points can be exchanged for more than 2,000 types of products such as food and electrical appliances. The award period is twice a year in June and December, and it is carried out for shareholders listed on the shareholder register every year on the last day of June and the end of December.
(Written by FISCO Visiting Analyst Yoichiro Shimizu)
