Komori
Nakano (1827) · PolicyHigher dividend and lower equity ratioLatest Revision to earnings forecast (2026-11-13): "Advanced"

Balancing shareholder returns with stronger financial strength and competitiveness

First written in FY2016. 18 of 41 entries say "Advanced", first in FY2019-Q2. Latest entry: 2026-11-13.

41entries
11years
10from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2019-Q1AdvancedFY2023-Q2 – FY2025-H12016: 320162017: 320172018: 320182019: 320192020: 420202021: 420212022: 320222023: 320232024: 320242025: 120252026: 112026
Same theme, other companies
Capital allocation policy balancing future investment and shareholder dividendsA theme 612 companies write about · 0 as a headwind · 614 as a tailwind

25 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 198 companies compared. The sentences above are computed from all 198.Comparing 200 of the theme's 615 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2026Higher dividend and lower equity ratioAnnual report

    「Under these dividend policies, and in light of the current year's performance and financial position, the company decided to enhance shareholder returns beyond the previous plan by increasing the year-end dividend by ¥8 from the latest forecast and paying ¥38 per share.」

    The year-end dividend was increased from ¥22 in the previous year to ¥38, and was also ¥8 higher than the latest forecast. Meanwhile, the consolidated equity ratio fell from 53.1% at the end of the previous year to 49.4%. The company plans a dividend of ¥25 per share for the next fiscal year, with a consolidated dividend payout ratio of 29.6%.
  2. FY2026-H1Higher dividend and lower equity ratioAnnual report

    「26 June 2025 Annual General Meeting of Shareholders Common shares 756 22.00 31 March 2025 27 June 2025 Retained earnings The equity ratio fell from 53.1% at the end of the previous consolidated fiscal year to 51.0%.」

    The year-end dividend was ¥22 per share, an increase from ¥16 in the previous year. Meanwhile, the equity ratio fell from 53.1% to 51.0%.
  3. FY2025-H1AdvancedAnnual report

    「27 June 2024 Annual General Meeting of Shareholders Common shares 549 16.00 31 March 2024 28 June 2024 Retained earnings The equity ratio rose from 50.4% at the end of the previous consolidated fiscal year to 56.2%.」

    A year-end dividend of ¥16 per share was paid, and the equity ratio also rose from 50.4% at the end of the previous consolidated fiscal year to 56.2%.
  4. FY2024AdvancedAnnual report

    「In light of the current year's performance and financial position, and to enhance shareholder returns beyond the existing plan, the company decided to increase the year-end dividend by ¥3 from the initial forecast and pay ¥16 per share.」

    The year-end dividend was increased from ¥13 in the previous year to ¥16, and was also ¥3 higher than the initial forecast. The equity ratio also rose from 45.9% at the end of the previous consolidated fiscal year to 50.4%.
  5. FY2024-Q3AdvancedAnnual report

    「The equity ratio rose from 45.9% at the end of the previous consolidated fiscal year to 48.5%.」

    The equity ratio rose by 2.6 percentage points from the end of the previous consolidated fiscal year, numerically indicating a stronger financial position.
  6. FY2024-Q2AdvancedAnnual report

    「The equity ratio rose from 45.9% at the end of the previous consolidated fiscal year to 46.5%.」

    The equity ratio rose from 45.9% at the end of the previous consolidated fiscal year to 46.5%. The year-end dividend for the 82nd fiscal year was ¥13 per share, with payment at the same level as in the previous year stated.
  7. FY2023AdvancedAnnual report

    「In light of the current year's performance and financial position, and to enhance shareholder returns beyond the existing plan, the company decided to increase the year-end dividend by ¥1 from the initial forecast and pay ¥13 per share.」

    The year-end dividend was increased from ¥10 in the previous year to ¥13, and was also ¥1 higher than the initial forecast. The equity ratio also rose from 41.9% to 45.9%.
  8. FY2023-Q3AdvancedAnnual report

    「The equity ratio rose from 41.9% at the end of the previous consolidated fiscal year to 47.2%. The Group's consolidated equity will continue to reliably implement the key initiatives of the Medium-Term Management Plan "Chukei 83" to achieve its targets.」

    The equity ratio rose from 41.9% at the end of the previous consolidated fiscal year to 47.2%. The policy of implementing the key initiatives of Chukei 83 has also been reconfirmed.
  9. FY2023-Q2AdvancedAnnual report

    「The equity ratio rose from 41.9% at the end of the previous consolidated fiscal year to 48.2%.」

    The equity ratio rose from 41.9% at the end of the previous consolidated fiscal year to 48.2%. The year-end dividend for the 81st fiscal year was ¥10 per share, the same level as in the previous year.
  10. FY2022SoftenedAnnual report

    「In light of the deterioration in overseas business performance caused by changes in social conditions and the expectation that the difficult operating environment will continue, the company decided to reduce the year-end dividend by ¥4 from its initial forecast and pay ¥10 per share.」

    The year-end dividend fell from ¥12 in the previous year to ¥10, a ¥4 reduction from the initial forecast. The equity ratio also fell from 42.4% at the end of the previous consolidated fiscal year to 41.9%.
  11. FY2022-Q3AdvancedAnnual report

    「The equity ratio rose from 42.5% at the end of the previous consolidated fiscal year to 44.2%. The Group's consolidated equity will continue to reliably implement the key initiatives of the Medium-Term Management Plan "Chukei 80" to achieve its targets.」

    The equity ratio rose from 42.5% at the end of the previous consolidated fiscal year to 44.2%. The policy of continuing the key initiatives of Chukei 80 has also been reconfirmed.
  12. FY2022-Q2AdvancedAnnual report

    「The equity ratio rose from 42.5% at the end of the previous consolidated fiscal year to 45.1%. The Group's consolidated equity will continue to implement the key initiatives of the Medium-Term Management Plan "Chukei 80" to achieve its targets.」

    The equity ratio rose from 42.5% at the end of the previous consolidated fiscal year to 45.1%. The policy of continuing to implement the key initiatives of Chukei 80 has also been reconfirmed.
  13. FY2022-Q1AdvancedAnnual report

    「The equity ratio rose from 42.5% at the end of the previous consolidated fiscal year to 44.5%. The Group's consolidated equity will continue to implement the key initiatives of the Medium-Term Management Plan "Chukei 80" to achieve its targets.」

    The equity ratio rose from 42.5% at the end of the previous consolidated fiscal year to 44.5%. The policy of continuing to implement the key initiatives of Chukei 80 has also been reconfirmed.
  14. FY2021SoftenedAnnual report

    「In light of the current year's performance and future business development, the company decided to pay a year-end dividend of ¥12 per share for the fiscal year.」

    The year-end dividend was reduced from ¥14 in the previous fiscal year to ¥12. The final-year target under Chukei 80 was also lowered to a shareholder dividend of at least ¥14, from at least ¥17 previously. Meanwhile, the equity ratio rose from 42.1% to 42.5%.
  15. FY2021-Q3Lower equity ratioAnnual report

    「The equity ratio fell from 42.1% at the end of the previous consolidated fiscal year to 40.7%. The Group's consolidated equity will continue to implement the key initiatives of the Medium-Term Management Plan "Chukei 80" to achieve its targets.」

    Due in part to the recognition of a quarterly net loss attributable to owners of the parent, the equity ratio fell from 42.1% at the end of the previous consolidated fiscal year to 40.7%. The policy of implementing the key initiatives of Chukei 80 remains unchanged.
  16. FY2021-Q2AdvancedAnnual report

    「The equity ratio rose from 42.1% at the end of the previous consolidated fiscal year to 44.0%. The Group's consolidated equity has been steadily strengthened. To achieve the targets of the Medium-Term Management Plan "Chukei 80," the Group will continue to steadily implement its key initiatives.」

    The equity ratio rose from 42.1% at the end of the previous consolidated fiscal year to 44.0%, reconfirming the strengthening of consolidated equity.
  17. FY2021-Q1RestatedAnnual report

    「The equity ratio rose from 42.1% at the end of the previous consolidated fiscal year to 42.9%. The Group's consolidated equity has been steadily strengthened. To achieve the targets of the Medium-Term Management Plan "Chukei 80," the Group will continue to steadily implement its key initiatives.」

    The filing reconfirms the rise in the equity ratio and the strengthening of consolidated equity. A dividend of ¥14 per share, the same as in the previous year, was also paid.
  18. FY2020RaisedAnnual report

    「⑥Further strengthening of the financial position and stable shareholder returns ④Shareholder dividend           ¥17 or more」

    In addition to its existing profit-return policy, the company explicitly set a shareholder dividend of at least ¥17 as a target for the final year of Chukei 80. The year-end dividend for the current fiscal year was ¥14.
  19. FY2020-Q3RestatedAnnual report

    「The equity ratio rose from 39.1% at the end of the previous consolidated fiscal year to 41.4%. The Group's consolidated equity has been steadily strengthened. To achieve the targets of the Medium-Term Management Plan "Chukei 80," the Group will continue to reliably implement its key initiatives.」

    The filing repeats the rise in the equity ratio and the strengthening of consolidated equity, and continues to indicate implementation of the key initiatives of Chukei 80. The dividend was ¥14 per share, the same level as in the previous filing.
  20. FY2020-Q2RestatedAnnual report

    「The equity ratio rose from 39.1% at the end of the previous consolidated fiscal year to 43.4%. The Group's consolidated equity has been steadily strengthened. To achieve the targets of the Medium-Term Management Plan "Chukei 80," the Group will continue to steadily implement its key initiatives.」

    The filing repeats the rise in the equity ratio and the strengthening of consolidated equity, as well as the continued implementation of the key initiatives of Chukei 80. The year-end dividend was ¥14 per share, the same as in the previous filing.
  21. FY2020-Q1AdvancedAnnual report

    「27 June 2019 Annual General Meeting of Shareholders Common shares 481 14.00 31 March 2019 28 June 2019 Retained earnings The equity ratio rose from 39.1% at the end of the previous consolidated fiscal year to 43.5%. The Group's consolidated equity has been steadily strengthened. To achieve the targets of the Medium-Term Management Plan "Chukei 80," the Group will continue to steadily implement its key initiatives.」

    The year-end dividend was ¥14 per share, an increase from ¥12 in the previous fiscal year. The filing also states that the equity ratio rose from 39.1% to 43.5%.
  22. FY2019-Q3RestatedAnnual report

    「The equity ratio rose from 35.0% at the end of the previous consolidated fiscal year to 39.3%. The Group's consolidated equity has been steadily strengthened. In the current consolidated fiscal year, the final year of the Medium-Term Management Plan "Chukei 77," the Group will continue to reliably implement the plan's key initiatives to achieve its targets.」

    The filing repeats the equity ratio of 39.3% and the strengthening of consolidated equity. The year-end dividend was ¥12 per share, the same level as in the previous filing.
  23. FY2019-Q2AdvancedAnnual report

    「The equity ratio rose from 35.0% at the end of the previous consolidated fiscal year to 39.3%. The Group's consolidated equity has been steadily strengthened. In the current consolidated fiscal year, the final year of the Medium-Term Management Plan "Chukei 77," the Group will continue to reliably implement the plan's key initiatives to achieve its targets.」

    The filing states that the equity ratio rose from 35.0% at the end of the previous consolidated fiscal year to 39.3%, indicating steady strengthening of consolidated equity. The year-end dividend was ¥12 per share, an increase from ¥10 in the previous fiscal year.
  24. FY2019-Q1Higher dividend and stronger equity baseAnnual report

    「28 June 2018 Annual General Meeting of Shareholders Common shares 412 12.00 31 March 2018 29 June 2018 Retained earnings The Group's consolidated equity has been steadily strengthened. In the current consolidated fiscal year, the final year of the Medium-Term Management Plan "Chukei 77," the Group will continue to reliably implement the plan's key initiatives to achieve its targets.」

    The year-end dividend was ¥12 per share, an increase from ¥10 in the previous fiscal year. The filing also states that the equity ratio rose from 35.0% at the end of the previous consolidated fiscal year to 36.3%, indicating steady strengthening of consolidated equity.
  25. FY2018-Q3RestatedAnnual report

    「29 June 2017 Annual General Meeting of Shareholders Common shares 343 10.00 31 March 2017 30 June 2017 Retained earnings (Note) The dividend per share includes a special dividend of ¥3.」

    The filing repeats the payment of a year-end dividend of ¥10 per share, including a ¥3 special dividend, and does not state that the dividend policy itself changed.
  26. FY2018-Q2RestatedAnnual report

    「29 June 2017 Annual General Meeting of Shareholders Common shares 343 10.00 31 March 2017 30 June 2017 Retained earnings (Note) The dividend per share includes a special dividend of ¥3.」

    The filing repeats the payment of a year-end dividend of ¥10 per share, including a ¥3 special dividend, and does not state that the dividend policy itself changed.
  27. FY2018-Q1Higher dividend (including special dividend)Annual report

    「29 June 2017 Annual General Meeting of Shareholders Common shares 343 10.00 31 March 2017 30 June 2017 Retained earnings (Note) The dividend per share includes a special dividend of ¥3.」

    The year-end dividend was ¥10 per share, an increase from ¥7 in the previous year. The ¥10 includes a ¥3 special dividend; no change to the ongoing dividend policy is stated.
  28. FY2017-Q3RestatedAnnual report

    「29 June 2016 Annual General Meeting of Shareholders Common shares 240 7.00 31 March 2016 30 June 2016 Retained earnings」

    The filing repeats that a year-end dividend of ¥240 million in total, or ¥7 per share, was paid for the fiscal year ended March 2016.
  29. FY2017-Q2RestatedAnnual report

    「29 June 2016 Annual General Meeting of Shareholders Common shares 240 7.00 31 March 2016 30 June 2016 Retained earnings」

    The filing states that a year-end dividend of ¥240 million in total, or ¥7 per share, was paid for the current fiscal year.
  30. FY2017-Q1RestatedAnnual report

    「Dividend per share: ¥7.00」

    On 30 June 2016, the company paid a year-end dividend of ¥7 per share for the previous fiscal year, implementing the dividend level indicated in the previous filing.
  31. FY2016First statedAnnual report

    「The Group's basic policy is to determine dividends after comprehensively considering business performance and future prospects, with the return of profits to shareholders and the strengthening of its corporate structure as key priorities. Retained earnings will be used to strengthen the financial position and fund capital investment, among other purposes, as the Group works to further strengthen its corporate structure and competitiveness. In light of the year's performance and future business development, the Group decided to pay a year-end dividend of ¥7 per share for the fiscal year.」

    The company cites profit returns and the use of retained earnings to strengthen its financial position, fund capital investment and enhance competitiveness, and sets the current-year dividend at ¥7 per share.
Moved together

"Building a solid earnings base and shifting from volume to quality" moved the same way as this thread, in the same document, in 11 of its 39 moves.

11109765★123456
  1. ★This thread
  2. 1Building a solid earnings base and shifting from volume to quality11×
  3. 2Expanding the sales organization, customers and building applications in the overseas construction business10×
  4. 3Strengthening order-winning capabilities, technical capabilities and cost competitiveness in the domestic construction business9×
  5. 4Policy for avoiding foreign exchange and interest rate fluctuation risks7×
  6. 5Guarantees of obligations relating to construction projects won in Southeast Asia6×
  7. 6Work-style reform, including paid leave, a two-day weekend and women’s advancement5×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Nakano's next results are scheduled for 2026-11-13. Read the earnings preview It last moved in the Revision to earnings forecast of 2026-11-13: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.