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Investor Relations

Capital Management Policy

Growing our business operations through sustained investment is the foundation of the Dunlop Sports strategy for increasing our company’s value over the mid- to long-term.

To this end, together with considering return on equity as an important measure of management effectiveness, we aim to optimize our capital structure using debt-to-equity ratio targets and capital adequacy ratio targets that are tailored to the characteristics of our business, and to monitor and maintain our company’s financial soundness.

In regard to the distribution of profits to our shareholders through the payment of cash dividends, we will continue to pursue a stable course that balances investment and other demands on capital with current year (consolidated) earnings.

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