Information on Shares and Shareholders

Information on Shares and Shareholders

Shareholder Memo

Fiscal Year March 1 to end of February
Vesting date to vote at annual
shareholder’s meeting
End of February
Vesting date to receive
a year-end dividend
End of February
Annual Shareholder’s Meeting During May each year
Transfer agent Mitsubishi UFJ Trust and Banking Corporation
Account Management
Institution for Special Account
Mitsubishi UFJ Trust and Banking Corporation
Address of the agent Share Transfer Agency Department
Mitsubishi UFJ Trust and Banking Corporation
TEL 0120-232-711 (Tool Free)
Stock Exchange Listings Tokyo Stock Exchange, Inc. 1st Section (Japan)
Nagoya Stock Exchange, Inc. 1st section (Japan)
Method of announcement Announcements are made electronically. However, when announcements cannot be made electronically for any reason, they are printed in the Nihon Keizai Shimbun
http://www.onward-hd.co.jp/

Trends in the Company's Stock Price

High and Low Stock Prices for the Past Five Years

Fiscal year 2013 2014 2015 2016 2017
Closing of accounts End of Feb.
2013
End of Feb.
2014
End of Feb.
2015
End of Feb.
2016
End of Feb.
2017
High for the year (¥) 761 980 829 893 919
Low for the year (¥) 552 694 609 666 603

Shareholders and Percentage Ownership

Kashiyama Scholarship Foundation 5.9%
Japan Trustee Services Bank, Ltd.
(Trust account 9)
4.4%
BNYML-Non Treaty Account 3.4%
Isetan Mitsukoshi Ltd. 3.4%
Japan Trustee Services Bank, Ltd. (Trust account) 3.2%
Nippon Life Insurance Company 3.1%
Onward Holdings Customers’ Shareholding Association 3.1%
The Master Trust Bank of Japan, Ltd. (Trust account) 3.0%
The Dai-ichi Mutual Life Insurance Company, Ltd. 2.8%
MARUI GROUP CO., LTD. 2.3%
  (As of February 28, 2017)

Note:
1.The Company holds 13,767,000 shares of treasury stock. Treasury stock is not included in the above Major Shareholders information.
2.Percentage of total shares issued are calculated after deducting 13,767,000 shares of treasury stock.

Number of shares issued and outstanding

167,921,669 (As of February 28, 2017)

Dividend Policy

The management of the Onward Group recognizes the distribution of a portion of the profits to shareholders as one of its top priorities. The basic policy of the Company is to set a target dividend payout ratio of 35% or more and strive to make stable distributions from profits that are appropriate to trends in the Company’s performance.

The Company pays dividends once each fiscal year, based on a decision made at the annual General Meeting of Shareholders. For the fiscal year ended February 28, 2017, the Company has decided to pay a cash dividend of \24 per share, which will be the same as the previous fiscal year.

Retained earnings will be employed in a flexible manner that strikes a balance among strategic investments for the consolidation of a solid business structure, improving the Company’s financial position, and other factors.

Shareholder Special Benefit Plan

To holders of one trading unit (of 1,000 shares each) or more of the Company’s shares but fewer than five trading units (5,000 shares), the Company will present products or services of the Group equivalent in value to \3,000. To holders with five trading units (5,000 shares) or more, the Company will present products or services of the Group equivalent in value to \10,000. (These shareholder benefits will be presented near the end of May.