Basic Policy Concerning Shareholder Returns and Changes in Dividends

NTT DATA’s basic policy is to seek an increase in enterprise value in the mid- and long-term and to fairly distribute profits through the continuous growth of its business resulting from investment in new businesses, etc., efficient business management and other improvements.
Regarding dividends, based on a comprehensive assessment of the balance with business investments and technology development toward a sustainable growth in the future and with expenditures for maintenance and reinforcement of financial strength in light of the consolidated operating results and financial position, NTT DATA proposes a stable payment of dividends.
For determining the amount of a dividend, considering steady dividend payment even in the midst of major changes in the business structure due to the integration of overseas businesses such as the IT infrastructure business, NTT DATA values the maintenance of a dividend payout ratio * in the mid- and long-term.

  • * Dividend payout ratio:Total amount of dividends / net income attributable to shareholders of NTT DATA
Annual dividend per share 17 18 18 21 22 23(Forecast)
Interim dividend 8.5 9 9 9.5 10.5 11.5(Forecast)
Year-end dividend 8.5 9 9 11.5 11.5 11.5 (Forecast)
Dividend payout ratio (Consolidated) 25.5% 33.6% 32.9% 20.6% 20.6% 22.4% (Forecast)


  • Note:The annual dividend per share and year-end dividend for the 34th fiscal year (fiscal year ended March 31, 2022) include a special dividend of 2.0 yen per share.

Share Repurchase

Currently, there is no share repurchase in place.

Shareholder Benefit Program

Currently, there is no shareholder special benefit program in place.