Japan Securities Finance Co. Ltd. raised its total dividend for the fiscal year ended March 31.

The company said May 18 that it raised its year-end dividend to ¥17 per share from the prior-year dividend of ¥10 per share. The company's total dividend for the year, including an interim dividend of ¥9 per share, rose to ¥26 per share from ¥18 per share.

Japan Securities Finance expects its total dividend for the year ending March 31, 2019 to amount to ¥22 per share.

The company also expects to conduct a share buyback for fiscal year 2018-2019. It aims to repurchase up to 1 million shares amounting to up to ¥800 million. The share buyback period will last from June 6 to March 22, 2019.

As of May 18, US$1 was equivalent to ¥110.73.