Stable dividend policy targeting a payout ratio of 40%
First written in FY2024. 5 of 9 entries say "Restated". Latest entry: 2026-10-09.
30 other companies' latest entry also says "Raised".
- FY2026RestatedAnnual report
「Our basic policy is to pay continuous and stable dividends, using a payout ratio of 40% or more as a guideline, and we have adopted a policy of enhancing shareholder returns, including through flexible share repurchases.」
The Group reconfirmed its stable dividend policy targeting a payout ratio of 40% or higher and its shareholder return policy, including flexible share repurchases. The payout ratio for the fiscal year ended March 2026 was 45.3%. - FY2025RaisedAnnual report
「The Group’s basic dividend policy is to pay continuous and stable dividends, targeting a payout ratio of 40% or higher. The amount of dividends will be determined after taking into account the business environment and earnings position surrounding the Group, as well as retained earnings needed to prepare for future business development.」
The Group raised its benchmark from the previous policy of targeting a 40% payout ratio to targeting 40% or higher. - FY2024First statedAnnual report
「The Group’s basic policy is to continue paying stable dividends to shareholders, targeting a payout ratio of 40%. The amount of dividends will be determined after taking into account factors including the business environment and earnings position surrounding the Group and the need to strengthen retained earnings to prepare for future business development.」
In addition to its existing stable dividend policy, the Group disclosed for the first time a specific benchmark of a 40% payout ratio.